Just keep in mind that rent rates may drop a bit as well. Just because it’s break-even now, doesn’t mean it will be in a few years. Also you need to consider vacancies when calculating rent income. Personally, I would prefer a lot more breathing room.
I was talking to a Realtor friend of mine and he said the likelihood of it going for $250,000 is virtually zero. It is priced this way to start a bidding war and even so he said a short sale is so time consuming that it is not even worth pursuing because in most cases it doesn’t materialize 🙁
I was talking to a Realtor friend of mine and he said the likelihood of it going for $250,000 is virtually zero. It is priced this way to start a bidding war and even so he said a short sale is so time consuming that it is not even worth pursuing because in most cases it doesn’t materialize 🙁
I was talking to a Realtor friend of mine and he said the likelihood of it going for $250,000 is virtually zero. It is priced this way to start a bidding war and even so he said a short sale is so time consuming that it is not even worth pursuing because in most cases it doesn’t materialize 🙁
I was talking to a Realtor friend of mine and he said the likelihood of it going for $250,000 is virtually zero. It is priced this way to start a bidding war and even so he said a short sale is so time consuming that it is not even worth pursuing because in most cases it doesn’t materialize 🙁
I was talking to a Realtor friend of mine and he said the likelihood of it going for $250,000 is virtually zero. It is priced this way to start a bidding war and even so he said a short sale is so time consuming that it is not even worth pursuing because in most cases it doesn’t materialize 🙁
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