It may or may not make sense for either or both of you after doing that analysis.

Since this is the deal analysis forum and not the deal making forum, I'll just ask about the details of the deals.

Subtract a mortgage payment of $266 (10 years @ 8%), that leaves $233 left, or $116 per unit.That is based on a 20% down payment and 5% closing costs, leaving an approximate ROI of 40% (based on $6986 out of pocket costs).I have attached analysis sheet that I created for this.

After many delays I finally gave them a "final and best offer" of $117,300 in which I required an answer by the end of the day (last Tuesday).

However, I do consider the mortgage payment (interest payment) when I do the cash flow analysis before I buy a particular property.Mike

I had a bid accepted on a HUD home yesterday. Same home I bid on about a month ago. Previous deal must have fallen through. Asking price $85,000, I won the bid at $88,000. Agent says I just beat out the next bid. Prev...

This posting is officially my 200 post on Bigger Pockets. Wow, I feel like I need to get a life. No just kidding.

Seriously, great site and amazing that with 200 posts I am still not even in the top 30 of posters on ...

We have been together now for 2 years & are finally getting on our feet after both divorces & her robbing him blind - LOLNow my question - LOLWe would like to get back into REI - we are working on Re-financing now and talking to a relative for investing & may have access to between 10,000 - 20,000 for investing.

You can see how long houses have been on the market, market analysis, etc etc etc.

First, I’d like to explain what “Mary” letters are.The purpose of direct mail is to communicate and cause a desired reaction; your mail needs to be read and responded to no later than your last and final mailing.