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- #12
Corrado79
New Contributor
As an update, I pulled the plug on this deal. rcardin was right. Although it wasn't going to be -$300/mo, it would be difficult to cash flow with 5% or even 10% down.
I learned an important but difficult lesson from this. Walking away. Once I get so invested in a deal and it "feels" right, it's hard to walk away even though the numbers say I have to. Now I have to start from scratch, but that's okay. It was probably the right move. Just tough to do.
I learned an important but difficult lesson from this. Walking away. Once I get so invested in a deal and it "feels" right, it's hard to walk away even though the numbers say I have to. Now I have to start from scratch, but that's okay. It was probably the right move. Just tough to do.