Here are a few considerations to help you weigh your options:Risk vs.

Another consideration is appliances. 

@Erika Caba I think if at the end of the year when you can evaluate the situation as a whole with everything taken into consideration and are looking at your tax returns if your goals have been accomplished with this building, whether it’s positive cash flow, off setting W-2 income, whatever, then I’d say it’s too early to throw in the towel.

It's clear that you and your husband are ambitious and have a strategic approach to building wealth through real estate.Here are some considerations based on the information you provided:Risk Tolerance: Evaluate your comfort level with debt and your degree of risk tolerance.

Consider factors like square footage, number of bedrooms and bathrooms, and any unique features or amenities that may impact these costs.Overall, while calculating rental income for two houses being sold together may require some additional considerations, breaking down the costs and revenue for each house individually can help you make more informed decisions and projections.

Every tactic has advantages and considerations of its own.Keep in mind that investing in real estate is a journey, and obstacles are commonplace.

She has considerable knowledge about company structures as well.

Does This seem like a Fair Partnership Very Very Rough Draft WHEREAS, Party 1 and Party 2 (collectively referred to as "Partners") desire to enter into a partnership for the purpose of jointly owning and managing real estate properties;NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Partners agree as follows:1.

If you are the one or have worked with one that did a great job, please refer them to me.I am focusing on finding single/multi-family houses that need a lot of work in Bayonne, Jersey City (07304, 07305), The Heights, Union City areas.  

Check out the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com