Since you have your eye on both types of investment, my guess is you'll quickly figure out which type works best for you and your family.

This depends on how quickly he wants to grow his portfolio.Its always great to be liquid and use the money to make more money.

response : yes with possible arvcoc -> myself yes, for the amount of cash you are dishing out ( only my 2 cents - prefer at least 10% - 12% )quick glance : do you have snow removal  in your number or part of property management percentage ?

Giving my financials a quick overview, he stated that he was not sure I could get pre-approved based on my income alone that I would have to include the rental income on both properties.  

Hello folks;I have a question regarding a new rental in South Jersey (Burlington).-Lease:  ?  I was considering ezlandlordforms NJ specific lease package. However, the lease doesn't explicitly state spell out terms of...

Your monthly cash flow could disappear quickly if rates go up at all.  

Later, it's sold and I receive 20% of the net profit.This is purely a money deal on my end (no involvement in rehab or rental).Question - If the property sells quickly (say, within 3 months), and since my profit is paid through a security agreement (I never have title to the property), how would this be treated for tax purposes?

@John Thedford Yeah they seem to be coming in quite quickly.

Thank you @Josh Mitchell for quick reply, I'll ask the lender these question.

Thanks for the quick response.