All Forum Posts by: Davi Fu

Hi I had two condos in Dallas 2005-2010 what I learned is running credit scores was the most important thing over 700 I had no problems 650-700 I had issues but some such as coins clogging the washer, and a broken toilet were normal ish but less than 650 nothing but trouble....

Hi first post, I own a condo in Long Beach Ca. should I sell it or rent it. The condo costs me 1100 for mortgage, HOA, taxes, and insurance. Everything is new incl hvac, appliances etc. I have 180k into it's worth 340-360k I owe 65k. I put this much into it as it was going to be my home. The building and area are ok can hear neighbor above badly though. The rental calculator says it is a negative (I estimated an increase in HOA from 340 to 375). Thinking about taking the 150k profit and trying in New Haven, Ct area as I've got a long distance relationship.

However here in Ct., the taxes are nuts and I think variable with the pandemic I think the taxes will go skyhigh.. I've owned rentals long distance in Dallas for 5 years so I know some of the pitfalls but I'm freelance so no mortgage loans are available unless I get a job for a year or so.

I think I can flip here in Ct but it would need to be something small that I can go cash. Need some advice...