I have invested in half a dozen Ashcroft deals and have only positive feedback.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

While overall sales are down, Macy's is seeing positive results in its targeted investment stores, which are outperforming the broader chain.The demand for Macy's real estate could signal opportunities for other struggling department store chains.

I found a number of positive reviews for this PM.

I am entering escrow tomorrow and although I have reviewed all the various data from this property I am still "inexperienced" and we all know that although a buyer's agent has a fiduciary they are still going to have a monetary agenda so if something might be on the fence they will shine a positive light on it.

Hey Omri, You are in a good position to take that step in Fix N Flips.

@Ted Akers  got it.. since It was not my business model I just fast forwarded to your default position..I have a proctor insurance account so I can insure for monthly fee. so house was protected for the few days I owned it. 

You're in a great position to start with a reliable lender and your own renovation company.

Can anyone give any feedback on this company whether it be positive or negative? 

We love putting cash in our pocket and paying little or no tax.On the other hand, you can create situations in your business where you generate positive net income that does not result in cashflow.