Maybe its because I attended a "We Buy Houses" presentation at some Real Estate conference and felt I needed to shower when I got home.

Let em house clean, do laundry, wash your car and of course fix your meal(s).

I used to live in the SJ valley, and I'm familiar with the water issues they have, and have been having since i was a wee-little tyke.

If a property drops 10% in value (and rents stay steady) but you go from paying 4.5% to 5.25% for an interest rate it could be wash (or worse).

So if I rent my condo for $1,800/month 75% of that would be $1,350 which is more than my PITI (includes HOA) of $1,200/month so it would most likely be a wash when I apply for a loan for the 2nd property.

The Process: A. We

-S.C.5.983.028Colorado Springs, Colo3.125.659Nashville-Davidson–Murfreesboro–Franklin, Tenn.1.007.6710Tulsa, Okla.7.541.0211Seattle-Tacoma-Bellevue, Wash.2.346.2112Spokane-Spokane Valley, Wash.3.504.9713Austin-Round Rock, Texas4.044.4214Miami-Fort Lauderdale-West Palm Beach, Fla.3.105.2815Little Rock-North Little Rock-Conway, Ark.7.001.3716Denver-Aurora-Lakewood, Colo.1.756.5417Orlando-Kissimmee-Sanford, Fla.1.246.8818Toledo, Ohio5.162.9519Columbia, S.C.5.073.0020Palm Bay-Melbourne-Titusville, Fla.1.007.0021Jacksonville, Fla.4.733.2022Durham-Chapel Hill, N.C.5.182.6223Providence-Warwick, R.I.

., wash, rinse, and repeat for 6 years...then take a much needed vacation and decide what you REALLY want to do with your life.

I told a few friends and family what I was up to and they all rolled their eyes and expected I was headed off to some sales pitch brain washing session.

Was he reluctant or all for it?