Even though buffeted by high interest rates and spiking insurance premiums, overall prices are still rising.

also we do not know what is going to happen with int rates, they are very high now, the economy is not good and it is not certain they will be coming down this year. we know there will be more responsible gov spending, so maybe rates will come down, no way to know...I think you need to know the market where you plan to buy well, and go from thereBest of luck

That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

Purchase price: $274,900 Cash invested: $100,000 Brick ranch in Brookwood school district in Georgia.

First thing I'd do is check comps to get an idea of the demand and rates you can charge for your condo as a MTR.

Hi @Chris EhrhartThere are two prices in a negotiation, one is the offer counting multiple factors, mainly Cap rate and visible repairs when is a investment property.The other one is when you do an inspection.You listed 5 items here so I'll comment on each one:- Electric panels, this is likely to be found during inspection.

I looked at the rental trend over the past 10 years, I should be fine in year 7 for the refinance unless rates are totally out of this world.Your right those rents would be really low for Stamford. 

It may be more difficult to get financing and a good rate buying through an LLC. 

Congrats on your success so far.Some random thoughts for you:- It might be difficult to tap the equity in the rental at this time given the current state of interest rates. 

It's how I've maintained a perfect bond rating and managed my business with the CSLB>I've read many of your posts and am aware that you feel that you can decide when you want a permit or not  I would word it differently.