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stock market : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

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Is Now The Time To Buy A Duplex?

Question: I’m ready to purchase a 2-unit property. I’m trying to buy and rent, hopefully with enough income to break even on the mortgage, taxes, insurance and upkeep if I can. Houses in the $400K range aren’t that available, and given mortgage rates and perhaps $95,000 down I am lucky if rents at $2,200-$2,400 [...]

19Oct2008 | Peter G. Miller | 0 comments | Continued