Assuming that you are satified with the rate of return on your money, my recommendation would be that you become strictly a lender in first position on this deal.

Sorry I missed this one guys... didn't realize there were more posts.Ali: I guess I mean in general, but my first few properties will be strictly rentals.David: Excellent input; "borrow as much as you can for as long as you can".

Ok so I know not to live too strictly by the 50% rule and it is used in order to give a rough/quick analysis of properties.That being said...

And unlike limited partnerships and limited liability companies, shareholders of S-corporations must divide the corporation's net income in strict proportion to their share of ownership.

My card is aimed strictly at sellers although I pass them out to everyone including other investors, RE Lawyers etc.It has my name and no title.

My exit strategy is strictly wholesaling...

That is what I would do if I were in your situation, allow pets but be strict on exactly which kinds you will allow.

Not sure how to get past the disrepairs with FHA's strict guidelines.5.

The appraiser did not even consider the income approach or the rebuild approach, strictly the comps.

Thanks, Dan Diet