@Kevin Schultz In my area you need cash to purchase from the auction, typically a percentage is paid upfront with the balance being due shortly after.  

A landlord's written notice of damages must itemize the nature and amount of tenant damages, including any unpaid rent or utility payments, and must be accompanied by the balance, if any, of the tenant's security deposit not being claimed for damages plus interest.Did your landlord provide you with an official "written notice of damages" within 30 days of you moving out?  

Now there are no more 0% interest balance transfer offers available from one of my banks.Earlier this year with the help of my “Core 4” team on the ground (see David Greene’s awesome book Long Distance Real Estate Investing), I bought a single family rental property in Indianapolis, IN while living in NJ.

Figure out how many free and clear units you need to achieve your cash flow goal, buy with leverage until you reach that number of units, and then snowball either the highest rate debt or the lowest mortgage balances from that point forward.

Other $585.70 $100.00 01 Broker Fee to Weichert Realtors $1,000.00 $0.00 02Commission Listing Agent to Meyer & Meyer Realty $1,500.00 $0.00 03 Commission Selling Agent to Weichert Realtors $134.65 04Final Utility Billing to City of Wilmington $350.00 05 Survey to East Coast Survey legal $1.84 06Tax Balance NCC to New Castle Countyaccurate as of 9/12 $135.70 07Title - Owner's Title Insurance to Ward & Taylor, LLC I.

But it could also be an 8% private money loan with any range of terms, or a 12% hard money loan with full balance due in a year (sell or refi before that basically).

Thats a liability on the balance sheet .Rule number 2    No money , no work .You are an agent , have you ever sold a house and had the buyers come to the table and say , lets get this done , And then say I will send the seller  a check in 30 days ?  

For example, if I borrowed $10,000 this year, made payments each month until 2019, can I use a distribution in 2019 to repay the remaining balance on the loan? 

The PM may take the % of that month as their 'collected rent' fee as per their contract, but the balance belongs to the owner. 

Need to implement my checks and balances.4.I am considering creating a special LLC for operations and maintenance of all my rental properties to limit my liability exposure.