Cash Flows are including Taxes, Insurance and HOA Maint Fee.

I suppose if the #'s worked with all expenses included it wouldn't matter much,and I'm pretty sure loan insurance drops after 5 years as well. thanks again think i will look into them some more.

I thought I had an exit strategy in place with a mortgage company including terms that were fixed and amortized for 30 years with the understanding they had to season for 6 months.

This particular property is a Short Sale in Cincinnati, OH and has about $2k (1 years' worth) of past due taxes on it.My contract with the Seller reads, "At closing, Seller shall pay or credit on the purchase price (a.) all real estate taxes and essments, including penalties and interest, which became due and payable prior to closing...."

Jose Rueda I'm so confused..Why did you include an ARV on your calculations for a buy & hold?

would you recommend including these areas in my search:Nutley - i see no train station nearby, so would it be rentable with good rents?

And include your lender's POF, Preapproval or letter of intent, whatever form they like to provide.

Done my share of investing, including flips, over the past 25 years.  

And do you want responses to include their own primary (ie. no cashflow, just appreciation)?

Then he throws in that the huge parking lot is included too.