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All Forum Posts by: Paria Allan-Blitz

Paria Allan-Blitz has started 1 posts and replied 3 times.

Quote from @Justin Hammerle:
Quote from @Paria Allan-Blitz:

@Justin Hammerle We’d be paying all cash - hence no down payment. 


 Why do you have a mortgage included in your expenses? If paying all cash and having no debt service, cashflow should be closer to $5k+ a month no?

I’m sorry, my question was unclear (this is my first time posting). We’d be doing a cash out refinance. 

@Justin Hammerle We’d be paying all cash - hence no down payment. 

Hi all! 
We are about to put an offer down for our first real estate investment property. We’ve plugged in the numbers and, to our novice eyes, the deal looks good. We’d met +500/month. 
I’m wondering if anyone more knowledgeable here is willing to go over the numbers with us and just provide any kind of assurance that this is a good place to put our savings. Alternately you might ask some valued questions we haven’t thought of or raise other concerns. Either way, if you have a couple of minutes to spare, we’d truly appreciate your help. 

(Couldn’t add all 30 but this screenshot might be enough for you to weigh in on). 

Thanks again in advance!