Comments on: Peoria house 99% rented http://www.livelearninvest.com/peoria-house-99-rented/ Living life to its fullest by generating passive income through investments Thu, 02 Feb 2012 03:11:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Another Investor http://www.livelearninvest.com/peoria-house-99-rented/comment-page-1/#comment-44731 Another Investor Mon, 28 Jul 2008 16:57:40 +0000 http://www.livelearninvest.com/blog/?p=1078#comment-44731 Congratulations on getting it rented so quickly with just one Craigslist ad. And at the high end of the market! Getting a co-signer to offset the bad credit was shrewd risk management. If your financing is fixed in the low 6's, I would be inclined to agree with RealOG. You are not likely to duplicate that rate anytime soon. Even if prices come down further, higher rates will offset the effect of the lower mortgage amount on the monthly payment. Put this one on the back burner and start looking for the next opportunity! Congratulations on getting it rented so quickly with just one Craigslist ad. And at the high end of the market! Getting a co-signer to offset the bad credit was shrewd risk management.

If your financing is fixed in the low 6′s, I would be inclined to agree with RealOG. You are not likely to duplicate that rate anytime soon. Even if prices come down further, higher rates will offset the effect of the lower mortgage amount on the monthly payment.

Put this one on the back burner and start looking for the next opportunity!

]]> By: Clifford http://www.livelearninvest.com/peoria-house-99-rented/comment-page-1/#comment-44714 Clifford Mon, 28 Jul 2008 14:14:13 +0000 http://www.livelearninvest.com/blog/?p=1078#comment-44714 Good for you for renting so quick. Having a property vacant for months is no fun. Good for you for renting so quick. Having a property vacant for months is no fun.

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