The polarized extremist nut jobs on BOTH sides seem to have taken the steering wheel and one is yelling to drive us off a cliff the other yelling to drive straight into it and us sane people are just in the fetal position rocking back and fourth trying to wake up from this damn nightmare that the crazies have broke out the nut-barn and took over......Here is what he said, verbatim (parenthesis are mine, the rest is his):"So, supposing we hit the body with a tremendous... whether it's ultraviolet or just very powerful light... and I think you said that hasn't been checked but you're going to test it.

It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.

Most people go to the 3-day event and then do nothing with it....the people who join Mastery get the very intimate teaching and assistance they need to get going and do deals...some people need that and some people don't.Regardless, going to network and meet other Chicago investors is a positive no matter what.

They still have a year or 2 left before they’re completed and stabilized, but all metrics still show positive as of now.  

Helocs are typically in second position.

Fortunately, a very large percentage of our tenants deserve positive LL reference so it has seldom been a problem.  

So all in I am at $240,300 , hard money I am factoring in as 15% rate and since I’m borrowing 840k for let’s say 6 months , I’m factoring in hard money costs at 63k for 6 months So now all in I’m at $303,300 ARV should be at least $1.3 million (conservatively) I would cash out refi with a dscr loan and get back 975k , I would pay the $840k I owe to the hard money lenders , leaving me with 135k , and I would pay myself back with that money , and since I would have $303,300 invested , I would pay back 135k to myself leaving me with $168k invested in the house with a equity position of $325k , the actual house number are such after the cash out refinance: This house has 2 units and 3 accessory units Mortgage : $7100Heloc payment : $1300Total = $8400Live in 1st floor Rental income 2nd floor : $30003rd floor: $1500Accessory unit 1 :1200Accessory unit 2 $1200Income : $6900 Net : negative $1200I also already have a house that’s breaking even , but I’m living in one unit and if I move out that house would become positive $1500 which I can put toward the payment of one of the other houses .

It may take several months of maneuvering to get them positioned correctly , but it will be worth the effort if you get them straightened out.  

To sale right now would be a positive income because it appreciated 20% since purchase and I have several years of equity in it while it served as a rental.

If you were given a 200k up front loan on a property that is only worth 100k in it's current state, it would mean the lender is taking a true negative equity position right from the start.