I dont know why I bother but here is what I wrote. “He has a tenant and his PITI net of the rent he recieves is about $1000.”
You are pathetic and wrong. He doesnt recieve $1,000/month net income and doesnt even get that much in rent for that matter. He’s net cost (PITI) to live there is about $1,000. I addressed all your points and dismissed them all as wrong and you responded by bringing up another one which was wrong. Read this and understand this… he has no income from the property!!! He has an affordable mortgage for his long time home which he will stay in for at least another 10 or 20 years if not longer.
