Credit Karma has a fantastic "score simulator" tool that you can use to project credit score changes (paying off balances, opening a new card, using an old card that has not been used in some time, just paying your bills on time for 6 or 12 months).

This deal aligned perfectly with my strategy to build equity and cash flow while leveraging hard money financing and refinance opportunities.

@John Lasheri agree with you, you'd be surprised at how many people listen to Grant Cardone though, and decide that they're going to go buy a 100 unit with 'OPM' as their first deal and quit their job.i think buying something of that size with a few partners is a perfectly good goal. 

She works part time because it's a good balance of her interests, and protection for the family.

I figured this would be the perfect place to connect with like-minded people, get advice, and explore more resources to guide our decisions. 

There is no "perfect" structure out there but I've tried a lot of different ones within QBO over the years and this is by far the best I've found.I use this structure for my own portfolio as well.Hope that helps!

The 5% of the remaining balance late payment fee is a little much IMO. 

If this sounds like your perfect playground, go for it :) There are STR restrictions in these areas, so make sure you know what you're buying before you do. 2.

Perfect - do your best to make the floors as even as new construction.

Our only debts are a 2.875% mortgage with a balance of $124k only paying $897/month on an appraised value of $325k, daily driver car of $370/month, and use a credit card for monthly expenses, but pay the balance off with every pay check.