[email protected]% on 30 year fixed the mortgage constant (prin & int) is .00514 so that means for every $1000 you borrow its a $5.14 per month additional in mortgage payment.

I found out the owner died in 2009 it is now owned by his estate 1/2 isn't and two other names plus a fourth that says 1/2 int.

That way for developer putting in extra 100k in TI they get 250k more (hopefully) when they sell.5 years or less remaining on the lease those are almost impossible to finance and most are cash offers.

I often disagree with the 50% rule, but in tis case, it most likely will apply.When you have gross rents of only $600 or less in other cases, the OE including, but not limited to, mortgage, taxes, insurance, management, repairs, & vacancy will surely add up to $300 monthly.Remember, as Jon said, this is a screening tool only and is based on averages.

I agree, the vein of this thread apprears to be buying solely for market appreciation vs. buying solely for cashflow - not variations of each like buying at a discount,Neither in tis thread or the original one did it define apprciation as "market appreciation".

, then I don't see anything wrong at all with what the county did in tying the repayment of that money til any time the house is sold or rented.They are basically suggesting that their DPA program was solely meant to be a one time interest free loan that would eventually have to be repaid at a later date - UNLESS you lived there forever.At the end of the day, it was still an interest free loan...... so she did good.

In other negotiations where we can get 30/sqft in TI we are willing to flex on percentage rent, etc.

The after repair value could easily be $1mil or $1.2mil....but how to protect the investment by managing the risk involved in tying up $500k for 30 years?

I am not interested in tying up property that I currently own free and clear.

All of this, no matter who we learn from is only as good as what YOU'RE willing to put it in.