If you acquired all cash you would earn a higher return but if it's not possible to go in with no debt then the deal deserves extra scrutiny because your margin of safety would be thinner.

Hey, listen I was just being honest, and when enough become enough then the truth have to be told.

I also have to consider the extra time it takes to close, since I’m losing on opportunity cost.

hey all im looking at a house and intend on making an offer for it, i will be making a seperate post for that shortly, but i had a question first. I was wondering what the general cost of an addition at ground leve...

The truths in the books are in the philosophy of business and personal finance decisions and not in the facts of whether there is a real Rich Dad person.

I would be so grateful, nothing extra just the basic agreement to purchase, escape clause, assigntment of contract, and/or lead paint disclosure.

All multiple layers of LLC's does is make work for lawyers and accountants.Not to mention you can likely get a LOT more protection with a liability policy for the cost of all of that extra work.

Really that simple.Of course, the pitfalls are:- Extra time/effort/risk in permitting- Extra holding costs- More risk to the budget- More risk to the project if you're experienced/comfortable doing additionsI think this is something that any serious rehabber should have in their arsenal, as when inventory gets tight, these types of deals are often the ones that are available/profitable.

My tenant has at least 4 extra people in the property that are not on the lease, that totals 9, she just signed her lease this month.

We like the idea of investing in real estate to generate extra cash flow.