Make sure your credit is in tip top shape.

, and the availability of a suitable replacement investment with better rent yield.You could always sell the house with owner-financing, just to give you another idea.

I'm trying to buy a duplex and the seller is giving me a credit at close to replace the siding of the building.

Thank you for the tips, I did not consider the additional payment if borrowing from my 401k.

I copied and saved the tip about trees with aggressive roots.

Great tip!

If market value is <60k, assume 1% of MV per year, if <100k assume .75%, if >100k assume .5%, if you're just insuring for cash value rather than full replacement cost.

Tip: To send a colleague request or follow an individual, simply click “Connect” beneath their name on either their profile or simply on any forum post and chose “Follow” or “Send Colleague Request.”

(I dont have my exact mortgage/property tax numbers) and yes, i do realize things will break and it will cost money to fix but it wouldnt cost me as much as the average person.House 1 Mortgage + tax = 420Rent = 800Difference = 380House 2 Mortgage + tax = 340Rent = 750Difference = 410You forgot insurance, I do not know the cost in your area but a policy for replacement value of 146K cost me about $600/yr or $50.00 a month.

Junior Salters,You said: Previous owner's total expenses for a year were also $2,737.50 which includes property management fee.That expense figure, is only for one year, and it could indicate deferred maintenance.What happens when you need to replace the roof, heating system,etc.