Instead of focusing solely on cash flow after a large down payment, we analyze how the property performs with less cash in so you can see if it holds up.

Then he admitted his biggest mistake was not holding properties, so I asked why.

Magistrates tend to have long memories and also tend to hold grudges against local incompetent landlords.So if he wakes up and talks to someone with any brains and experience, this won't go to court, but he'll start looking for another excuse to get rid of you, something much easier to argue in court.

Her lawyer is a bully, and has provided 0 documentation to support his #, but is holding firm to that number.

This is because there’s well established case law that states a lender can only hold a guarantor personally liable if there was a benefit received.

Can get it rent stabilized, sell 4 profit, rinse and repeat.

I know some mentioned about developing banking relationships and I totally agree with that, so here is what you do. 1) Open a business checking account in the name of your LLC to hold the assets. 2) Deposit your cash into that account to fund the real estate purchases3) After owning for 60-90 days, talk with a local lender about a line of credit against the 2 properties at 60% LTV. 4) After about 30-45 days, have the line open to use if you need that liquidity that you used, but until then you are not paying 7% interest on nothing. 

What is holding you back from just jumping in and doing it?

Hey Celine, great questions.Our firm invests in Michigan and Ohio, with 90% of our holdings in southeast Michigan.

And the cycle repeats.