Keep healthy reserves for surprises - they're inevitable in this business.Lastly, treat this like the business it is.

One learns very quickly and unfortunately usually the hard way that cash tenants are a huge gamble and that section 8 is the only way to find healthy, consistent, positive cash flow in Detroit and many of the other inner cities accross America.

She did get treatment but we lost touch so I’m hopeful it’s what she needed to stay healthy. we have gone on to do over 450 deals since that one closed March of 2017.

The reason is that for most programs anyway the 60% loan to value will give you the best rate and best cost available and of course you should still be able to have a healthy cash flow at that loan loan to value.

The type (and location) matter a lot but as a general trend vacant Land sales have definitely been slowing down as of late.We have dozens of properties at a time up for sale across multiple states and we spend a healthy amount of money on our Dispo advertising.

Have a family member whose health is rapidly declining.

They are both healthy and don't appear to be doing any damage to the house other than maybe dropping leaves and twigs every now and then.  

To all the other BP members I apologize for this post, I dont take kindly to anyone attacking me or my business without having a basis to do so.I congratulate you on having legitimate, healthy liquid cash reserves.

Since then, I still do some creative finance, but also do many BRRRR which also I have to buy them at a healthy discount.

That's a healthy expense.