Investment Info:
Building a Fix and Flip/Wholesale Active Income Arm of Our Business.

Routinely have 5-10 active flips/wholesale deals under management/in process. Currently building the fix and flip/wholesa...

Based on this experience, I feel I have a fair sense of what pricing should look like.Do you have any supplemental carriers you’d recommend?

I still ride bikes and I’ve severely limited my carbs and sugar after the suggestion of the Bigger Pockets member mentioning it. 

(End)Don't apologize, don't sugar coat the message - just give them the statement above, in writing. 

They also have rental supplement programs which can work with programs like Section 8.

Save the difference and supplement with other savings from a regular job.

Right now you have $1,000 in cash flow that can be used to fund other projects (seed money), pay you in profit to supplement your lifestyle, or fill in any gaps for underperforming properties.  

You can use this property to hedge any others that you add that may only cover themselves, or require supplement until they are paid off.HOWEVER, if you have decided that your goal is to use Real Estate as a stepping stone to build wealth by upgrading the property you hold each time (condo to house, house to 4-plex, 4-plex to 8 unit, etc) then I think you are right to sell now while you think the property is at the top of it's appreciation.It will be hard for anyone on BP to tell you what to do as we don't know your goal.You are right. 

.🔹 How It Works:If your rental income falls short of covering your mortgage (PITI), you can use liquid assets to supplement your income.

We have a few areas hotter than others which include West Village, East English Village, Corktown, Jefferson/Chalmers, The University District, Northend, Sugar Hill District/Medical Center, and others.If you want help navigating Detroit we would love to show you around and point you toward where the best deals are.