However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.

To the company’s credit, the site appears functional and impressive.More about Norada Capital Management, Norada Real Estate Investing Marco Santarelli and the infamous CFO, Ron Fossum:Mr.

Additionally, we have equity of approximately $145,000.Now, we are faced with a dilemma: should we sell our current property and purchase in a more favorable neighborhood, or should we rent the house and let it pay for itself.We would greatly appreciate any advice you may have.

I should add it will be a short term rental property. 

@Justin FondrenIf your credit score is in the 700–730 range, you're in a great position to secure favorable loan terms.

• Is this a better strategy than using your own name, capital and credit to start out?

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.

THe lender is a credit union and it is a conventional low rate loan.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

Every property i use it i make additional tweaks.