Don't have actual data, but I feel that in your city there are p

2nd hand that depresses the price of new built homes, so the potential of appreciation is questionable.

1 and 2 are evidently in the process of being down graded into a mix of owner-occupied and renter-occupied.

If there is no significant appreciation potential (say at least 30% in 5 years) the rent is just not attractive.

These three houses are just market value houses, not at deep discount.

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Admire! There is no appreciateion potential probably for any res -ptwxcity- 給 ptwxcity 發送悄悄話 (261 bytes) () 09/05/2012 postreply 13:11:23

Try to make a demo here: -borisg- 給 borisg 發送悄悄話 borisg 的博客首頁 (330 bytes) () 09/05/2012 postreply 13:23:16

What if we do a mortgage loan with 25% down? -ptwxcity- 給 ptwxcity 發送悄悄話 (296 bytes) () 09/05/2012 postreply 14:39:50

15k-2.5k-1k-1k-5k(interest)=5.5k on 45k investment(5k closing co -borisg- 給 borisg 發送悄悄話 borisg 的博客首頁 (164 bytes) () 09/05/2012 postreply 14:50:47

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