This assumption implies that rent will rise faster than expenses and that's certainly not guaranteed.my english isn't the best so i am not sure if i put it wrongwhat i meant is that over the years the amount of money you have to pay back for the credit gets less and less and you own more and more of the property which isn't cashflow (sorry) but it's still adding to our wealthlet's say someone has a cashflow of 5000$ a month and has opportunities to buy breakeven propertysshould he ignore this deals?

Joe GoreIf you could read and understand English, had a real finance and lending background, which you do not, could knock off your personal agenda of following these threads giving horrible advice and making ignorant remarks based on personality issues maybe you could let people decide for themselves.

Anytime I have spoken on the phone with someone who does not speak English very well (if at all), almost always has someone around them that will interpret for them, or will call you back when they do.

Pat and Matt, I really doubt you're going to find a real estate attorney that understands what that video recording from the CFPB described as it is in lender'ease, not English.

Here's some info translated in poor english:*******************************************************************************Rental property with four residential buildings and a row of garages.Located near the lake and has partial sea views from the area.Very popular accommodation!

The Seller is negotiating a loss, their job is to minimize that loss, which in English means sell to you for as high as possible.

That being said I am not optimistic about his future based on his business/money practices paired w/ his age.Lastly, I won't hire a GC who speaks who speaks english as a second language again.

We ended up renting to a couple of guys, recent immigrants with poor English skills that we had to communicate with via a translator.

I like your transition from the aviation business to real estate! 

In the English language you can say the deal is contingent on that happening.