re: Another reason why real estate > stock market

Well lets assume a 235K asking price. If you finance 75% at 5% interest that puts your note at just under 950 for principal and interest. I calculated roughly 450 a month for taxes and insurance. So that would net you roughly 500 per month before repairs. I like to have a little more wiggle room and that's why I my offer wasn't accepted, but I was just giving an example of the prices asked in the better areas and the demand due to people paying those higher prices.

I have to put down 25% on all multi family properties. Haven't found a lender that will let you get away with less.