If the deal is in a good area, well taken care of, generates income, and will attract good tenants then i wouldnt worry about anything else.

UBIT is generated two ways.

@Vince Scipione  This is very solid advice to keep it separate and I agree with you, the only reason I was even thinking of it was to help me raise the initial funds for my first investment.

Nc contracts require 60 days notice during the initial lease term. 30 days if the contract is month-to-month. 

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

But timing and planning are crucial.Here's what you need to consider:Future Passive Income: Do you expect to generate passive income from other sources?

By systematizing these areas, you can shift from a reactive approach—where deals dictate your strategy—to a proactive model that generates high-quality acquisitions with reduced risk.2.

Good afternoon Jaycee, 6 make up the equity and they are currently under my name due to some past Refi's.I have actually proposed selling the trucking company to one of my drivers or at least giving him a percentage to recoup some of my initial investment.

Some flat-fee or investor-focused brokerages charge a minimal transaction fee, which can save you money if you're not planning to generate regular commissions.Additional Tips:If your primary goal is access to the MLS and flexibility in viewing properties, evaluate the costs of holding a license (e.g., broker fees, MLS dues, continuing education) versus alternatives like working closely with an investor-friendly agent.Consider whether the time required for licensing, post-licensing education, and maintaining your license is worth it for your investment strategy.If you need help finding an investor-friendly brokerage in Georgia or navigating the process, feel free to reach out!

I ran my own custom proforma for a bank loan using the asking price that would generate a cap rate over 10% and CoC just under 20%.