I was able to qualify for about $95k in 0% business credit cards (for 12 months), I then liquidated the cash and used a portion of that to obtain the hard money loan that covered the balance of the purchase cost.

Detroit has one the highest rent to price ratios in the country…and we focus on the best balance of price/location within the area.Here is a picture of my portfolio if you/anyone is curious.

What checks and balances would you need to put in place to avoid this.I am a firm believer that you should tie any bonus to a metric that the company is trying to achieve.

If the group meets the overall criteria, we might approve with conditions such as a higher security deposit or a qualified co-signer.Ultimately, it comes down to your risk tolerance and balancing flexibility with protecting your investment.

Originally when they were known as FlipOS, they would split up the interest payments,so I would pay the remaining amount for the month the house was purchased and then the remaining balance on the sale of the home to them.  

Hey Andrew: The Freddie Mac Small Balance Loan (SBL) and Fannie Mae Small Loan multifamily programs could be a good fit for a project like this.

If you don't have the balance sheet yet, that's ok.

We used to hire a company to balance the chemicals and my costs were almost 2K per month.

My approach balances both—ensuring that my investments generate income while also appreciating in value over time.

I track the principal as a Liability account in Xero, and whenever I add it to a report, it always shows the current balance, rather than the change over the chosen time period (like with expense accounts).