View report*This link comes directly from our calculators, based on information input by the member who posted.Just wondering if someone has time to take a look and let me know if I made any mistakes.

I believe I have read in one of the BP books that investing near a busy road is one of the key deterrents in an investment.I want to start acting, but I also do want to be logical and calculated.

Without knowing too much about the municipality or property you purchase it is hard to say exactly why 10 months was withheld, but this is fairly normal as the lender calculates which amount of $ needs to be set aside for the upcoming tax bill.

And the asking price is $240,000.With what information i have gathered so far (waiting on agent to respond) and using the calculators here on BP.

You've done some great calculations to determine the % allotment. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

We review the accounts and sometimes look to compounding calculators.

How can I find a cap rate at any location? Is just a specialist thing? Couldn't find any more information about it.
thanks a lot

You can exchange it into another property, but once you sell, all the gain and depreciation is taxable from the property you exchanged out of.

If I'm doing my math correctly, when purchasing another property and including 75% of the projected income in the calculation, a $400K property with 25% down would put me around 43%, which is generally the max allowable DTI I believe?