It is on 1.2 acres of property in a very nice neighborhood and it has an RV pad that we can rent out for $1500-$2000 per month.

nice work !!

Hi all, and nice to meet everyone.

With your additional $100,000, you’d have a nice cushion to renovate or furnish a property like that.It really comes down to how involved you want to be and your long-term goals.

The cash flow would be nice, but are you planning to hold for a long term or refinance before the balloon or sell?

Another nice bonus of using this as a funding source is no closing costs, big help on the front end.Obviously, if all goes relatively well, the plan would be to hold these properties as rentals and refi at some point down the road when rates on mortgages drops back down a bit, whenever that may be.

Anyway have a nice holiday week.. 

But it would be nice to have access to the software and a place to basically wholesale the ones you don't want for yourself.

Thinking that may be a nice bonus!

We are also temporary heat providers for most large construction projects in and around Buffalo NY, neither I nor anyone in the industry that I know if has been contacted about setting up temporary heat for this project which is normally one of the first steps before a project gets into winter. thats a nice cottage industry winter heat..