We're tracking all outgoing cash, and it should be interesting at the end of the project to see where our IRR comes in.

if you have an 8 plex in Colorado this  is a commercial dealYou say there's not enough equity You got to look for "pain points" with the seller  If there's been a lot of vacancy there's negative cash flow involved If you want a creative solution, you need to look at the outgoing mortgage PITI payment  Then maintenance and vacancy A Master lease option will allow you to control the property and then have  The right to buy the property in the futureYou need to learn how to "turn around a nonperforming apartment building" The value of a commercial property has to do with the net operating income or NOI Search "Brian Gibbons master lease option apartments" on BiggerPocketsGood luck!

So, if it is interest, I want that to be income, not outgoing, for any source.

They cannot legally give you answers, but they can recommend professionals who will.Lastly, try to lock it up but also have a clause to get out. Go

One important tip is make sure you take out the cash or line of credit before you move out so you can get the primary home LTV and rate.Once you move out its non-owner occupied and the rate is higher and LTV for max cash out goes from 80% to 75% LTV.

The 6% occupancy tax that Airbnb has been taking out goes to the state of Texas.

We ended up backing out of the deal yesterday after our realtor received a real estate inspection report from the bank from July the additional damages just made it more clear to us that it was time to back out, going in at a already high price point we are still looking for our next deal and looking for one where the numbers will work.I really do appreciate everyone's time!

Understanding your total outgoings is crucial.Consider Your Payoff Amounts: Next, write down the payoff amounts for each of these obligations.

Of course the outgoing Tenant is still responsible for damages they caused or insufficient cleaning efforts.Advise the Tenant they will be responsible for rent until a new Tenant takes possession.

Hopefully the outgoing owner is willing to introduce you so it's a warm transfer.