This house currently has no renter though they are actively looking to put one in the home.House 5. rents for $725/m the loan will cost me $13,000 as a down payment and $6,000 closing costs, and should cash flow approx $275/m after mortgage payment are made.House 6. rents for $725/m the loan will cost me $14,000 as a down payment and $6,000 closing costs, and should cash flow approx $250/m after mortgage payment are made.To be able to make this down payment I have the option to:HELOC my current home which cost me about $850/m in repayments OR I can find a hard money lender who would be interested in working with me, I am currently putting together a hard money lender proposal to show a couple family members that would basically look like this: No repayment in the first 12 months, all income going into an account to allow for repairs and emergencies, after that taking the cash flow and splitting it 75/25 to the lender paying it off in approximately 13 years, sooner if we can make extra payments on it and giving the lender an 8% return on his money(about .5% less than what I was quoted for my HELOC).ORI can potentially do a deal with my brother who is also looking to get into real estate and we split the properties 3 a piece.These properties are right outside of a military base in a low income city but have done well for the family currently owning them with consistent long term renters in them.I am looking for any advice as to whether or not this is a deal worth pursuing.

I'm also not thrilled about paying Intuit any more $.This sounds a bit like a mess, so I'm hoping there is some workaround here that I could propose to my CPA.

If not then I want to be sure that any transaction I propose is 1- fully disclosed as to every relevant detail2- all risks identified and that the other party understands those risks3- that the transaction is in the other party’s best interest; either because no viable alternatives exist or because they are in such a bind that anything is better than their present situation. 

I'm doing all our projects in Columbus Ohio but just relocated to miami. we do multifamily and mixed use development and entitlements I'll shoot you a PM. even people in miami that I meet the numbers are tough unless you do a high density proposal and are very well capitalized. 

If the borrower took a seller carried mortgage out in the past 3 years, there is a good chance that there current terms are lower than their proposed.

You would not be able to be classified as "materially participating" under what you propose, you must meet a couple of criteria to be considered including 100hrs+ spent on the business and more time than anyone else.

I was just trying to understand why my mortgage company proposed a short sale from the very beginning instead of just giving me a couple of months breathing room to find a new job.

Based on the info provided, one can qualify for the proposed purchase or property.

Good info here and they regularly update readers on any proposed, current, and completed projects in NYC.I haven't yet subscribed to their Yimby+ membership but this may have more information.

We also recently added an early check-in upsell that checks for reservations checking in today with no same-day check-out and proposes an early check-in).