I want to create a team where we all bring something to the table and we all eat!

I think all options are on the table for us right now, and if the right deal came along and we needed more cash, we could go above that 250.

You never know when the tides will turn, so take this gift now.Down the road when you are ready to make another purchase, put the high interest loan or credit card loan back on the table as an option to consider with other options. 

We are a long-term buy & holders, but never want to be in a position where we can't exit a property without needing to bring money to the table.

Cap table calcs are hilarious!

In the past couple years I have originated a ton of short term rentals in the Smoky Mountains and also looking at the Asheville area and after seeing the returns and having my clients come back and purchase 2 - 4 more we decided to go the short term rental route ourselves this past Jan and it is already bringing great results!!

Should I let the tenant know right after or before I leave (arrive at) the closing table?

I did this before and unfortunately, I was dragged along for almost a year, but then again this was partially due to the borrower and his lack of due diligence (I’ll take blame too for partnering with the individual) but I like to think that the mistakes I had seen wouldn’t take place if the project was under my watch or to the very least the situation would be handled differently.The properties and deals that I generally see and come across in the South Jersey and Central Jersey areas would need a gap lender that would bring roughly 25 – 45K to the table depending on the area.

Specifically I am looking at condos in the Waterville Valley / Campton area of the White Mountains, NH.

I understand that we bring different skillsets to the table and maybe my learning curve will be a little sharper than others, but I expect to be able to get this to some degree at some point.Thanks for your continued patience with me on my quest to save my ***, time and money.Much love.