In future years’ budgets, the association should consider budgeting for an Operating Contingency (funds not earmarked for any specific expense) or should consider creating a line item specifically to fund Prior Year Equity in order to bring the balance into the 10-20% range.If the board doesn't know what it is doing financially then they need a management company that does along with an accountant that understands how HOA's work.

It's all a balance.

I consistently advocate for a balanced approach to investing, and that’s what I do myself.I recently held an entire workshop on my concept of ‘total return investing.’

.- Balance Learning and Doing: While it's great to learn, make sure you're also taking action.

(7%*(1-.3)You're being mislead by your model IRRs unless you also incorporate the HYSA balance you'll need to carry to keep the deal leveraged.You're also being mislead by the points you originally paid.

My seller seems amenable to my giving them 20% down which i have and the balance due in 120 - 150 days. 

If you move forward on this, make sure you have layers upon layers of checks and balances here.

Before you jump 2 feet into the Real Estate Investing world, I challenge you to find a balance of continuing your drive toward real estate while improving your position at your current role.

Your example probably took place many years ago when the market was more balanced and deals were more plentiful.3.

Four mortgages have a balance around $90-100K, with values ranging $135-165.