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BGinRB
ParticipantI just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area.ParticipantI just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area.ParticipantI just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area.ParticipantI just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area.ParticipantI think 55 years old 2 bed / 1 bath housing unit is expensive @ $300K. What kind of income is required for that, like $60K/year with 20% down (loan would be 4x annual salary)?
ParticipantI think 55 years old 2 bed / 1 bath housing unit is expensive @ $300K. What kind of income is required for that, like $60K/year with 20% down (loan would be 4x annual salary)?
ParticipantI think 55 years old 2 bed / 1 bath housing unit is expensive @ $300K. What kind of income is required for that, like $60K/year with 20% down (loan would be 4x annual salary)?
ParticipantI think 55 years old 2 bed / 1 bath housing unit is expensive @ $300K. What kind of income is required for that, like $60K/year with 20% down (loan would be 4x annual salary)?
ParticipantI think 55 years old 2 bed / 1 bath housing unit is expensive @ $300K. What kind of income is required for that, like $60K/year with 20% down (loan would be 4x annual salary)?
Participant[quote=FormerSanDiegan] So, the unit in question ‘cash flows’ at about 260 x rent with 20% down. Does that make sense to you?
Why use a rule of thumb (price as a multiple of rent) when the numbers are all laid out already.
[/quote]The numbers laid out are not inclusive. We would need to consider additional inputs if we want to come up with some actionable analysis.
That is why I pulled a “rule of thumb”, as a product of a reality-tested analysis.
Participant[quote=FormerSanDiegan] So, the unit in question ‘cash flows’ at about 260 x rent with 20% down. Does that make sense to you?
Why use a rule of thumb (price as a multiple of rent) when the numbers are all laid out already.
[/quote]The numbers laid out are not inclusive. We would need to consider additional inputs if we want to come up with some actionable analysis.
That is why I pulled a “rule of thumb”, as a product of a reality-tested analysis.
Participant[quote=FormerSanDiegan] So, the unit in question ‘cash flows’ at about 260 x rent with 20% down. Does that make sense to you?
Why use a rule of thumb (price as a multiple of rent) when the numbers are all laid out already.
[/quote]The numbers laid out are not inclusive. We would need to consider additional inputs if we want to come up with some actionable analysis.
That is why I pulled a “rule of thumb”, as a product of a reality-tested analysis.
Participant[quote=FormerSanDiegan] So, the unit in question ‘cash flows’ at about 260 x rent with 20% down. Does that make sense to you?
Why use a rule of thumb (price as a multiple of rent) when the numbers are all laid out already.
[/quote]The numbers laid out are not inclusive. We would need to consider additional inputs if we want to come up with some actionable analysis.
That is why I pulled a “rule of thumb”, as a product of a reality-tested analysis.
Participant[quote=FormerSanDiegan] So, the unit in question ‘cash flows’ at about 260 x rent with 20% down. Does that make sense to you?
Why use a rule of thumb (price as a multiple of rent) when the numbers are all laid out already.
[/quote]The numbers laid out are not inclusive. We would need to consider additional inputs if we want to come up with some actionable analysis.
That is why I pulled a “rule of thumb”, as a product of a reality-tested analysis.
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