Were u able to rebuild?

hey Troy what banks are u working with.

[/u]Primary home, currently being rented (moved cross county)mortgage 150k - approx appraisal value 200k = 50k equityq: can i cash out refi to buy more properties?

:[/u]Hard, real costs (eg $$$ being paid out)[u]Principal PaymentInterest PaymentProperty Insurance PaymentProperty taxesMortgage InsuranceManagement feesMarketing feesRemodeling expensesRepair expenses[u]soft costs: real but not $$$ paid out):Vacancy adjustmentAdditionally, should I be pretty happy if my rental property rents at twice PITI?

Thanks all, glad u liked the story.

yea especially if u have a citi card lol

And yes, it is common to have a leak originate in your unit, and flood out numerous floors below...I think my record is only six other units, but I have heard of even more extensive damage in local highrises.If you own a condo, you MUST replace washer hoses with no-burst stainless braided hoses, and not the cheap chinese ones either!

@Mindy Horowitz Sent u a private messageJeff

Do patios strengthen or worsen rent?

I can't speak for other investors, but I am personally much more interested in a town like Bloomfield, where ARVs can exceed $400k and there is demand for nicer homes, but where there are also run-down properties your u can target.