.@ $550 to 600 per month, looks like you go into a comfortable profit margin on this deal after 18 months.

Since I have much equity should I take my profit now by cashing out?

If it can be rented to cover and eventually be sold at a profit, all are happy.However, I was wondering what happens to the seller in the meantime?

I figure coffee and donuts is a small price to pay for a $15000+ profit.

As far as my strategy, I never touch my profits.

And for the last 2 years, we have stagnated the economy, allow oil companies to get record profits, while unemployment rose.We need people in Congress to work together, so that is going to be key for the next President to deal with.I would caution that a more "cooperative" government where the government is controlling everything is not necessarily what this country was founded upon.

Yes, there is plenty of irony in this election.It is going to be an interesting and incredibly profitable time for some of us.Congratulations, PE BO.

And the profit margin was acceptable and I have to say these guys were an absolute pleasure to deal with.

My end result: I want to start a program, non profit, helping homelss people, especailly the ones who are mentally incabable of getting a job or taking care of them selves off the street and into proper care and help.

I bought my house a couple years ago as a forclosure with a reconstruction loan, atm considering equity it has had a great roi.Hopefully it will sell at a nice profit in a few years, I would consider it an investment.Was also a good learning experience and trial run, a different type of investment so to speak.