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looking to buy a house...
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<blockquote data-quote="feederdriver06" data-source="post: 478996" data-attributes="member: 19057"><p>Rental properties are ok until your renters loose their jobs and skip out on you before they pay the rent. Then the mortgage money is all on you. Thats good if you haven't been through that yet but with the current situation I would get prepared for it. It wouldn't take all that many skipped payments paid by you instead of the deadbeats to wipe out the whole years worth of gains that you would make on your rents.</p></blockquote><p></p>
[QUOTE="feederdriver06, post: 478996, member: 19057"] Rental properties are ok until your renters loose their jobs and skip out on you before they pay the rent. Then the mortgage money is all on you. Thats good if you haven't been through that yet but with the current situation I would get prepared for it. It wouldn't take all that many skipped payments paid by you instead of the deadbeats to wipe out the whole years worth of gains that you would make on your rents. [/QUOTE]
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