Balancing two full-time jobs while planning to invest in real estate shows incredible dedication.

I plan to refinance and pay him off when the balloon payment is due.

Success is most influenced by persistently applying proven concepts...it takes an informed plan over time.

If the amount is significant I draw up a document stating the interest rate and the payment plan.

Lenders have to pay their loan officers through a loan officer compensation plan along with the "Branch bucket".Lenders have offices where the manager has an override and then a P&L so they have to charge more either through points or higher rates.

Make sure you have a plan B and build resiliency into the portfolio. 

Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

I’m focused on tourist-friendly areas (Bay Area, North Tahoe and primarily Sacramento) I have a few apartments interested in learning more about my plan.

Just a little bit of time down the road would give you so much more in terms of planning and research.  

Benefits: This strategy is particularly useful for high-income years, as it allows you to defer taxes and increase cash flow by reducing your immediate tax burden.A cost segregation study can be especially beneficial if you plan to hold the property for several years and want to maximize deductions early, but just doing cost seg is not helpful.