So one unit is 20 yrs old and the other is 23 yrs old.

what industries do you have 10 yrs. of experience in?

The 16 unit was listed at 635k and we got it at 540k because we negotiated seller-financing (5yr term/30yr am with option at Year 5 to extend another 5 yrs) The seller required us to bring 120k down, which we raised as private loans (secured by contractual personal notes) from friends and family, and two of those 0% interest for 12 and 18 months credit card check offers totaling 20k (which we have mostly paid off in this first year).

The 16 unit was listed at 635k and we got it at 540k because we negotiated seller-financing (5yr term/30yr am with option at Year 5 to extend another 5 yrs) The seller required us to bring 120k down, which we raised as private loans (secured by contractual personal notes) from friends and family, and two of those 0% interest for 12 and 18 months credit card check offers totaling 20k (which we have mostly paid off in this first year).

It would be encouraged to refinance the 2 loans into one 30yr fixed rate mortgage within the first 3-5 yrs if you plan to stay past the 10yrs.Thank you for your assistance.

Profit starts after that cost is fully recovered.If you compare the two options (100% DP and 20% DP), on a $100k property, this is the payback:A) - 100% propertyCost = $100kCF = $10k/yearPayback = 10 yearsProfit over 10 years = 0# of properties at start = 1# Yrs to next property = 10 *# properties after 10 yrs = 2 **Total CF after 10 yrs = $20k/yrValue Assets = $200kB) - 20% propertyCost = $20kCF = $5k/yearPayback = 4 yearsProfit over 10 years = $30k# of properties at start = 5# Yrs to next property = 1 *# properties after 10 yrs = 42 **Total CF after 10 yrs = $210k/yrValue Assets = $21M*  Assuming every property to be bought the same way...either 100% down, or 20% down.**  # of properties represents a total number times cost (20 or 100) per property. 

Hello folks in the BP Davis community.I have a SFR that was our prior residence in Davis CA that has been rented out for 8 yrs and now we plan on selling after lease runs out this June.We need a good design build firm or contractor we can work with to run the project as we live out of state (Vancouver WA) and spruce it up with light rehab as much of the house is untouched since built in 2003.We are definitely NOT doing crazy expensive upgrades but will do a moderate upgrade so that we can max the value add/ROI that's worthy of the  good neighborhood this house sits in (Wildhorse). esp as we transition from current renters to selling to end user (eg likely family).Does anyone have good trusted contractor or design build firm they can vouch for that does well executed remodels on time, on budget?

I have refinanced to take advantage of lower rates after about 2 yrs of ownership and again when market appreciation forced a fair amount of equity that I wanted access to after about 10 yrs. 

I have lived in my house for 6 yrs now in Broward County.

I have 30 yr fixed mortgage for 3.5$ APR. 25 yrs remaining on the loan.