-Why not include a contingency line item in your construction loan rather than raise the contingency funds from your equity partners?

You need to make a written plan with him to get this over the finish line, with cost estimates.

Definitely on market.2) This is such a tough question to answer, but I think it might be something along the lines of don't overleverage.

If the answer is yes, then it's a no brainer to make minimum payments on your 2.8% interest rate mortgage, and use the funds that you would have paid extra to pay it down faster, to either invest in more real estate, the market, or anywhere else where you can get a ROI > 2.8%.If the answer is no, then feel free to aggressively pay it down as fast as possible, to become debt-free faster, and just have a large amount of money in savings or to splurge with.The bottom line is that your 2.8% mortgage is GOOD debt.

It should go without saying, but I do understand when you're new to real estate expectations can be out of line with reality --- if you finance 100% of a deal you will not see any money out of the deal for many years and will be putting money in for many years.

If it's zero, put in a zero, line through it, or something.If you don't use a manager, line through the entire clause and then you and the renter should initial the beginning and end of the line as proof it was agreed to.NHG  (D) As used in this Lease, Landlord’s “Authorized Management Agent” means ______________________________, address:___________________________,who is also authorized to act on behalf of Owner for the purpose of Service of Process and accepting Notices  NHGYes, you would check the line next to the form(s) of payment you accept.

You avoid the tax hit, and still get the use of 75% of the equity if you do a cash out refi - (but high interest rates sort of play against that to some degree presently… but you could alway refi again down the line if rates dropped.  

We talked about opening the meetups to the general public, and not just BP members to get more people. let me know what topics you'd like to get more expertise on, and I'll line up some people to come so we can pick their brains.

The second was in 2022 when I had 3 or 4 in line to be rehabbed and one became occupied by squatters who bothered the neighbors.

Bank Credit Line How did you add value to the deal?