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Old 06-15-2007, 07:14 AM   #21
Thinks s/he gets paid by the post
tryan's Avatar
Join Date: Mar 2005
Posts: 2,452
yeah, if your COC is 20% (or greater) and the mortgage in income ratio is 50% (or less) ... that doesn't leave too many ways you can screw it up.

Unless of course, you put some dead-beats in the unit who baracade themselves in and refuse to pay rent.

I expect people will say "there's no freak'n way I can purchase property in my neighborhood using those guides" ... that's why I've been a seller the last several years.

FIRE'd since 2005
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