I would rather say NO for this property due to permission issue.

Cap rate is not good enough too. If you buy by cash, you can't refinance and didn't use leverage at all. Why not use these cash to buy more? 

Not worth to try. 

所有跟帖： 

• 半年后可以再套出现金来啊.TD BANK有做投资房的EQUITY LINE OF CREDIT.392 -MrsKwok- ♀ (35 bytes) () 12/10/2011 postreply 20:35:36

• 这个房有PERMISSION问题,不能贷款的. -SunshineInCA- ♀ (20 bytes) () 12/10/2011 postreply 20:53:28

• 3房变4房?对哦.这样很麻烦. -MrsKwok- ♀ (0 bytes) () 12/10/2011 postreply 21:09:01

• They say it is a mistake. All 4 room look -392- ♂ (22 bytes) () 12/10/2011 postreply 21:16:13

• 如果LISTING是3房实际是4房.最好去市府查.不能全信卖方的话.违建(加)的手尾很多.. -MrsKwok- ♀ (0 bytes) () 12/10/2011 postreply 21:24:09

• Of course. There is inspection contingency and will -392- ♂ (37 bytes) () 12/10/2011 postreply 23:06:55

• I was hoping to get a better deal with ALL cash then -392- ♂ (189 bytes) () 12/10/2011 postreply 20:45:08