Hi everyone,I performed a backdoor roth for the first time a few weeks ago (for 2019).

The loan is based on the performance of the property.

Currently living in the upper unit and performing kitchen and bathroom renovations.

Recently I’ve felt stuck trying to figure out what to do next after successfully performing three house hacks and having my personal mortgage and utilities covered from rental profits.

What if the appraisal comes in low, rehab comes in high, someone loses their day job during the rehab and can't contribute anymore, someone doesn't perform on your JV, the contractor bails on you, etc.

@Marco Bario I have been thinking that, if we wait about 3-4 months to see which performers are still actually performers, this could be a great way to go.

I've found that foundation is built through books likeThe Slight EdgeThink and Grow RichTribe of MillionairesThe Compound EffectThe 12 Week YearHigh Performance HabitsWealth Can't WaitSet For LifeThe Miracle MorningGet your mind right, and the results are much easier to achieve!

You also didn't mention performing any inspections, but you want to negotiate.

Can anyone point to places that did poorly, or performed significantly under expectations? 

The estate inherited 6 performing business notes.