However, I will say, if it is a year payment, it is advisable to hold the year's rent in trust and pull the money out as each month's rent accrues, just in case there is a dispute during the term.

Hold time and cash flow expectations 5.

Real estate investing has been an interest for over a decade, in which time I've consumer innumerable podcasts, books, and have attended boot camps and master minds.Here's my hold-ups:1) I do not want to put my family in financial risk.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Cash out refinance, pay off the HELOC and then repeat like the BRRR strategy. 

With the growth that is still expected in the CO Springs area in the coming years, I'd try to hold onto it as much as makes sense. 

I don't know if I should rent out the house and hold it for several years, BRRR the house and sell it in a year or so, try and build a business on the additional lot, or try and find a commercial property investor to sell it all.

After a year you can repeat the process if you want.

My plan is to hold onto it as a rental property, targeting Section 8 tenants, as the rental income is quite attractive at nearly $1,500 per month.Here's the challenge: The property's purchase price and labor is below $40,000, and I'm uncertain about my ability to secure a traditional mortgage for a property at this price point.