While I genuinely think AN is trying to give you good advice, don’t overlook his tendency to tweak the numbers to support his arguments (although I suppose we all do). The loan rates will generally be lower than anything you can find, the rents higher and, of course, it all ties to a nifty blue area on a map that tells him he made a good purchase.[/quote]
Me, tweaking numbers? The 4.5% loan rate can be had right now. Actually, if you lock in today with aimloan.com, you can get 4.375% at 1.694 points, which equate to 4.562 APY. The rent # is what esmith posted, which was an ad on craigslist. I don’t know that are well and don’t want to bother doing the research, but even if that place is listing at 20% above market, my # still stand. So, please back up your argument before you start flinging mud. FYI, I’m not trying to give anyone advice. All I can do is show the numbers, and you can make up your own mind. We all are big boys and girls here. BTW, MM is not in the blue yet.
