All Forum Posts by: Tony SanFilippo

Over what the above comments have suggested and I agree.  Some people think that if you pay cash vs. hard money, your costs are lower since you are not paying lender fees and you don't have to deal with all the rules of the lender.   While it is true that you don't have the rules of the lender, your cash has an opportunity cost you must consider.  So I suggest you pay yourself, on the expense line, a good percentage return like a hard money lender would charge you.  Your money could be working for you in other ways if it is not buying real estate.  

Good creativity!  There are many ways to create value for a seller.  Great example

Congratulations on adding real estate to your plan.  Real estate is a vehicle that can help you grow wealth due to the ability to leverage your resources.  Great to see you as a new member of the community.

I think your thought process is a good one.  As you sound like you have some time on your side, leveraging your investments is a good idea.  If you pay cash you can fix up the new one and refi it to obtain your next house as well.  Keep up the good work and let only your mortgages be your debt.  

Nice Job. 

What college is it located close to, if you don't mind me asking.  Did you rent to students?  Staff?

Sounds interesting.

Nice way to turn lemons into lemonade!  Or cashflowade.  Great job.

@Pavel Sakurets

Congratulations and this sounds awesome.

Pavel Sakurets

Pavel Sakurets

I am I missing something?  I see no pictures  Is there a link to pictures?

Nice work, that will ad a lot of value to the property.

@Micki M.

Thanks, I look forward to hearing from Dorothy!

@Christopher Willis

Thanks Christopher, I will give Mike a call.