Property was more disgusting than we anticipated and we had to put extra money into deeper cleaning.

Property was more disgusting than we anticipated and we had to put extra money into deeper cleaning.

We budgeted $100k and that’s our goal but have extra just in case something pops up so this $120k is a high number.

Quote from @Zachary Ware: A PadSplit can be very heavy in CF but be careful if you are renovating a house and adding extra rooms.

With loan extension you might have to come up with extra payment to get DSCR in range lender will approve.That is why to go through this exercise NOW and if you know tenant wants 300k TI to extend and bank wants 300k to pay down estimated balance when new loan placed you need 600k to come up with.

Because interest rates are high right now it probably doesn’t make sense to pull extra cash just to stick it in a bank account.

At least get something extra from it.

Get a side gig for extra cash flow, stop all extra spending and live like a monk. 

I don’t believe a tenant can stay forever, and I can cover the extra payments and lawyer fees for up to two years for the tenant who will be harder to remove.

First, don't use REI Reply, it's just a white-labelled/private-agency version of GoHighLevel (the actual provider of the CRM) that they just mark up and charge you extra for everything you do (every text, email, etc is 2-10x more expensive than just linking twilio/mailgun to your GHL account, etc).With that out of the way, you can get to making workflows.