You still need to have a good idea of what other management companies or owners are doing because you don't want to be the only one paying for water and electricity or vice verse.

That's why lenders tend to focus on debt to income vice debt to assets (net worth really).

If your cash in pocket is $54k at the end of the year and if you only had $240k in the property (20% of stated current value of $1.2M) vice the full $1.2M, your cash on cash would be 22.5%!!!

Vice-versa, I don't let other wholesalers market my deals because I know my deals will sell.

I would much rather be the bigger vehicle getting hit by the smaller vehicle than vice versa.

Amy,I have run into HELOCs that require a minimum payment of say 2% of the outstanding balance vice just an interest only payment, but make sure you are getting a quote for a Home Equity Line Of Credit (HELOC) and not a Home Equity Loan.

The Captain said:  "You don't want to get into putting up an outside fire escape" and he proceeded to advise me that the height was low enough to be used as bedrooms and that he had a truck that could easily reach the windows. 

Because some area doesn't need high-end kitchen to comp to 300K and vice versa.  

Once we mastered the art of understanding the yield and leverage everything in future is understandable, we just follow the ride, if market is up we make money when market is up, and vice versa.

“We are doing all we can to help those adversely impacted by the coronavirus, including by immediately suspending foreclosure sales and evictions during this challenging time,” said Donna Corley, executive vice president and head of Freddie Mac’s Single-Family business.