Due on the ___ of every month with a grace period and then start charging late fees?

Based on your information, it may appear no2) The second question is whether the property will generate positive rental income over a 3-5 year period, after normal depreciation.If it is, and it is significant, it may be worthwhile to get a cost segregation.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.

I currently have a HELOC with Wells Fargo for an investment property I own in Brooklyn, NY, which the draw period will be expiring.

Her grandfather has a home (in Nassau county NY) that needs serious updating and some significant repairs.

It shows individual gains and ROI over a 30-year period, which helps identify which factors provide the highest returns and make informed investment decisions.In your case, even if you're not cash-flowing in the first year, since the negative cash flow is minimal, I’d still go for it.

You get what you put in, period.

Inspect for any rot or damage periodically, and replace or repair sections as needed to maintain its condition.Potential Upgrades / Considerations:Security:Enhance security with robust locks, a video doorbell, and exterior lighting.

I saved enough to start a downpayment for my first property plus money for updates.

@Estrella Carolina Mckinney any updates?