I am sharing with you some of my initial recommendations:         1.

A true ROI calculation is a bit different because it adds up the total return on investment divided by the initial investment... quick example would be say you make $5k year one, $6k year two, and $7k year three on a $50k initial investment.

I am sharing with you some of my initial recommendations:         1.

I am sharing with you some of my initial recommendations:        1.

I spoke to code enforcer as i was initially going to make the unfinshed room a 3rd bedroom to one of the uints but wasnt able to, but i could make it a storage space.

This way I can also see how my reserves may help offset the cost and how much I need to have on hand initially to cover any shortfall in reserves. 

I am sharing with you some of my initial recommendations:        1.

You can find definitions for "down payment" (or "down"), "balloon payment" and "interest only" pretty easily here using the Search capability, which is accessed via the magnifying glass icon at the upper-right of each page on the site.Just for fun, let's work the numbers, assuming the purchase price is $100K:The down payment, which is the amount of the purchase that must be paid at the time of closing, would be 20% of $100K, or $20KThe initial loan balance will be the purchase price less the down payment ($100K - $20K or $80K).

Say -400 to - 600 a month or so...I don’t mind absorbing this overhead if it means I get the majority of my initial investment out of the deal

Even with the $10k loss, I will get about $50k back if I were to sell right now.Note: the initial plan with this current home was to keep it as a hybrid home, and sell it after two years of living in it to pay no capital gains.Thanks,Caitlane