need your advice on house investment

Recently, my hu*****and bought 2 townhouses for investment property (all in cash), and he now wants to buy the 3rd one at around 250K, (we must borrow money from bank, our primary residense was paid off already), what you think about the current house market? the 1st one he bought at $265K already dropped down to only $250K in just one month, (VA) is it a good time to buy the 3rd one now? need your advice.

thank you,

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what i think. -gpx1967- 给 gpx1967 发送悄悄话 (1505 bytes) () 03/08/2008 postreply 16:29:16

If you get positive cash flow, then buy -va_landlord- 给 va_landlord 发送悄悄话 va_landlord 的博客首页 (200 bytes) () 03/08/2008 postreply 16:34:17

it's very hard to get positive cash flow -hongya- 给 hongya 发送悄悄话 (235 bytes) () 03/08/2008 postreply 16:44:13

If you already bought 2, then wait a little -va_landlord- 给 va_landlord 发送悄悄话 va_landlord 的博客首页 (385 bytes) () 03/08/2008 postreply 19:50:05

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