Negotiated $198,000 in seller financing through a Promissory Note, pulled a $99,000 commercial loan with a 5 year balloon, and contributed $33,000 as a down payment.

By leveraging our financial resources alongside Ron's contributions, we were able to secure the property quickly and allocate funds efficiently for the $25,000 renovation.

We don’t co-mingle funds, using business money for personal expenses…we can do owner draws and owner contributions in and out of the business checking account.  

Will I still be able to contribute to my Roth IRA if I am not a US citizen or have a Green card by then?

Hey Andrew,I just wanted to say thank you for taking the time to contribute to my forum.

This thinking contributed greatly to the market crashing back then and no lender in their right mind would evaluate a deal in this fashion.Lenders will always base value on the lower of the appraised value or the sales price.  

However, years of financial struggles and competition from major players like Walmart, Target, and Amazon contributed to its decline.Following the closure of the Hamptons location, Kmart will have just one downsized store in Miami, Florida.

You'll be fine, especially if you're using additional equity contribution to improve the property before your refinance.

I've been watching you contribute a ton lately! 

You can directly contribute to improving the area, helping residents access safer and better-quality living conditions.Hopefully, this gives you another avenue for real estate investment in a growing market like Charlotte.