I plan on requesting the following quarter report if I offer.Average Monthly Expenses per triplex (maintenance/insurance/repairs/utilities/property taxes/vacancy):$730.50Estimated mortgage: $1,132I plan of offering $200,000 - $205,000 due to two of the rooms not being renovated, roof needing work, and after being posted for going on 3+ months.

She knows about tax lien stuff.

While saving for a house.

@Mohammed Milord I have some saved up initially but then save up each month my cash reserves as they come in from my Vacancy allowance, CapEx, and Maintenance Allowance that I have allowed for when I purchased the property.

@Yasmin Sharbaf if it’s not new construction, your agent would usually have shown you current tax records including what they list as square footage, especially if that was a known concern of yours.

If I pulled to put on a rental property for around 200k then after property tax, property management, mortgage, insurance I’d probably be cash flowing much less than my 5.5% at the moment. 

Do they leverage the purchase for taxes and depreciation?

Donate for a tax writeoff.5.  

Hi All,As I look at my options to finance my first RE deal, I was researching the early withdrawal penalty from TSP (Federal equivalent to 401K) and just learned that I can take out a TSP loan with no penalty, no tax impact and just have to pay it off with interest (seems to be 4-5% range right now) within 60 months. 

Taxes are low in Philly.