Asianautica, are you including property tax, homeowner’s insurance, and maintenance in your calculations? I assume there are no HOAs or Mello-Roos in that area, true?
Also, with the recent credit standards tightening, would you be able to get 5.5% interest with a 100% LTV loan? I keep reading about how people are on the cusp of closing escrow and then their lender says nix.
