All Forum Posts by: Andre Brock

I believe you can if but they’re are some considerations. How often this happens I don’t know but good luck.

I would say private lending. You get the best of both worlds. 

I would keep it in a high interest bank account might as well earn as much gain as you can no matter how small it is.

However I think some debt pay down would be great not to the point where you are not liquid enough to Jump at another opportunity or can’t make a major repair when it arise.

I know this is late but Scott Horne is someone I would recommend.

IMO it’s hard for me to sell a great cash flowing asset. You’re in a win win situation no matter what however I guess you would also want to take in account any major cap x repairs that might be coming up soon in the future you might want to avoid paying. 

Typically the Midwest if you’re looking for cash flow we like 2% price to rent ratio. Milwaukee Cleveland Toledo great markets.

I agree with @Shawn Ackerman I would start applying the cash flow to debt pay down.!

For me I think it depends on how much money you have invested into the home and for how long?   if I have no money into the deal and bringing in $200 free and clear every money hell even $100 with no other expenses these usually come through creative deals or owning notes but I would do it. 

No if potential buyer have given you emd than you are under the assumption this is a serious buyer and will close on the deal but he has only a certain amount of time with his inspection period so if he backs out you still have time to fund another buyer. 

We usually have inspection clause in our agreements for no more than 10 days after EMD is completed.