My perspective on leverage, since I am in the business of leverage (broker/mortgage originator) is if I can reasonably control the down side and maximize the upside with the terms/rate/cost at which I am borrowing at, such as using a fixed 30 year, limited or no prepays, lower margins, non recourse, caps on adjustment periods, risk/equity share, etc I am okay with leveraging near maximum.For me it comes down to terms and cash flow as long as the risks can be minimized and the cash flow profit spread is high enough and stable enough even with stress tests (market drops rents go down XX%, business income goes down XX% or my personal income goes down XX% can I still debt service?)

Hello BP members;I'd like to get your perspectives on different business models that you have seen out there for those that want to flip houses.I am in a very fortunate position to have an investor behind me that is willing to fund my deals and a great rate.

I will look in to my contract more closely and will put in my comments.Hi Bill,Thanks for your input, it gave a new perspective.

LOTS of fresh air

Hi Ginny,The NW Real Estate Investors Association (NWREIA) is holding one of their monthly meetings tonight at the Baja Fresh on Sholls Ferry Rd (12286 SW Scholls Ferry Road, Tigard, OR) starting at 6:30 p.m.Tonight's meeting is the Deals and Analysis meeting, which is held every last Thursday of the month.

@bill Gulley, I agree with you, but I believe the disclaimer that he is the owner puts in perspective any possible bias.

Look at it from two perspectives: The owner of the 401K and the one borrowing money.1.

If you and your wife feel strongly about getting a fresh start, you should listen to your gut not your well meaning friends or family members.

Hi @Angie B.Is the accounting software provided in Rentec Direct enough, or do you also use Fresh books or Quickbooks?

I have joined BP to connect with others, share ideas, and gain perspectives from the many different lenses from others all over the country.Thanks,Bruce