Hi TerryLooks complicated.  I will investigate the options strategy.   

Hi CraigThis is clear.  Will re-evaluate needs.Thanks

Hi CraigYes, not sufficient.  I think I need help with the sums.I'm seeing if we can convert our current ppor into an investment.However, I think it would be better to reno and sell to unlock the $90,000.The problem trying to calculate the cocr is with the deposit and closing costs. Because it was ppor we put the $90000 into it, so I've used this…[Read more]

Thanks TerryI can see that now. Its tiny but still positive!

Hmmmm… I'm not sure about that one. However, I am happy to be corrected with an explanation. 

Interesting, Perp.We don't have internal stairs either and a completely fully enclosed space underneath.How does everyone get along with certain compromises made (noise, visual etc)?Have you encountered any issues?How have you felt having your living space shared?

Hi ScottThanks for your reply.I should have asked the question as follows:We have a ppor that we want to turn into IP and lease.We put $90,000 into it at price of $355,000.I understand that COCR is as follows:Cash back $809 divided by cash down $90,000 = .89%So how do I translate .89% into a $ amount back per $ spent?(as seen in Steve's 'From 0 to…[Read more]

Anyone?