Forum Replies Created
-
AuthorPosts
-
SD Realtor
Participantocr you can get financing for less the 50% owner occupancy but it is harder. Again, the reason is the hoa litigation. No lenders will lend on that. Think about it. Occupancy makes it harder but you can get a loan on it for investment property.
At the end of the day you are looking at about a 6% return on the investment cash on cash for a rental. I am not saying that is good or bad, it is simply what it is.
Participantocr you can get financing for less the 50% owner occupancy but it is harder. Again, the reason is the hoa litigation. No lenders will lend on that. Think about it. Occupancy makes it harder but you can get a loan on it for investment property.
At the end of the day you are looking at about a 6% return on the investment cash on cash for a rental. I am not saying that is good or bad, it is simply what it is.
Participantocr you can get financing for less the 50% owner occupancy but it is harder. Again, the reason is the hoa litigation. No lenders will lend on that. Think about it. Occupancy makes it harder but you can get a loan on it for investment property.
At the end of the day you are looking at about a 6% return on the investment cash on cash for a rental. I am not saying that is good or bad, it is simply what it is.
ParticipantWaterbridge has lawsuits due to hoa defects. You can purchase for cash and that is pretty much it. One of our favorite agents has a listing there for a few hundred days and he has incorrectly put in the finance terms that you can get conventional financing but that is an incorrect statement.
ParticipantWaterbridge has lawsuits due to hoa defects. You can purchase for cash and that is pretty much it. One of our favorite agents has a listing there for a few hundred days and he has incorrectly put in the finance terms that you can get conventional financing but that is an incorrect statement.
ParticipantWaterbridge has lawsuits due to hoa defects. You can purchase for cash and that is pretty much it. One of our favorite agents has a listing there for a few hundred days and he has incorrectly put in the finance terms that you can get conventional financing but that is an incorrect statement.
ParticipantWaterbridge has lawsuits due to hoa defects. You can purchase for cash and that is pretty much it. One of our favorite agents has a listing there for a few hundred days and he has incorrectly put in the finance terms that you can get conventional financing but that is an incorrect statement.
ParticipantWaterbridge has lawsuits due to hoa defects. You can purchase for cash and that is pretty much it. One of our favorite agents has a listing there for a few hundred days and he has incorrectly put in the finance terms that you can get conventional financing but that is an incorrect statement.
ParticipantAnalyst I think you brought up a good point. More often then not I think people make postings soliciting thoughts hoping to find postive feedback that will reenforce the decision rather then the other way around. When responses come in that counter the outcome that the poster hoped for then usually other pieces of information come out that were either not included originally or maybe even counter the original post.
ParticipantAnalyst I think you brought up a good point. More often then not I think people make postings soliciting thoughts hoping to find postive feedback that will reenforce the decision rather then the other way around. When responses come in that counter the outcome that the poster hoped for then usually other pieces of information come out that were either not included originally or maybe even counter the original post.
ParticipantAnalyst I think you brought up a good point. More often then not I think people make postings soliciting thoughts hoping to find postive feedback that will reenforce the decision rather then the other way around. When responses come in that counter the outcome that the poster hoped for then usually other pieces of information come out that were either not included originally or maybe even counter the original post.
ParticipantAnalyst I think you brought up a good point. More often then not I think people make postings soliciting thoughts hoping to find postive feedback that will reenforce the decision rather then the other way around. When responses come in that counter the outcome that the poster hoped for then usually other pieces of information come out that were either not included originally or maybe even counter the original post.
ParticipantAnalyst I think you brought up a good point. More often then not I think people make postings soliciting thoughts hoping to find postive feedback that will reenforce the decision rather then the other way around. When responses come in that counter the outcome that the poster hoped for then usually other pieces of information come out that were either not included originally or maybe even counter the original post.
ParticipantI think that it is inevitable that interest rate shock (at the very least) is in our future. How far the prices will drop when that happens is speculative but it could be pretty grim. However I am not sure when we will see that shock. It could indeed be very 80’s like. So if you can reconcile that event then you are okay. Agreed with you on the higher taxes statement as well.
The real question is how long our creditors will continue to put up with our debt. I used to think (many years ago) that it would not be long. Now I am more convinced that will be several more years.
As far as finding a place, sounds like you found one that has been better then every single place you have seen. That definitely makes it harder to pass up. Sounds like a tough call scaredy.
-
AuthorPosts
