When you look at it that way, how long will it take you to recover the costs of splitting the heat?

Especially because we were just recovering from a recession.

I'm a recently recovering management consultant turned real estate investor and am excited to get more involved in this community.

Also it’s all very different product (condo, tear downs, new and existing all have a different target markets)Atlantic county has not recovered to 2008 prices.

The market is closer to "euphoric" than it is to "distressed", and while you can't time the market, getting burned in your first deal might be too hard of a lesson to recover from.

In an ideal situation, the refinance, at a minimum, will allow you to recover all of the cash you put into it, and still have good cash flow.

That means in the end, it will take you 12 months...1 year...to recover the negative CF from that vacant month.Does that sound like a good deal?

I hope I don't need to pay taxes until I "recover" my initial investment cost (that was 115K) or basis.I am planning to talk to title company and probably lending attorney to "minimize the damage".What is the closing costs for seller financing deal in comparison with conventional buy/sell transaction?

Loan originators no longer must have ‘skin in the game’https://www.brookings.edu/blog/up-front/2018/03/15/loan-originators-no-longer-must-have-skin-in-the-game/When I refinanced my mortgage in the early 1990s, the industry was recovering from the appraisal inflation of the heady days leading up to the Savings and Loan Crisis of the 1980s.

My brother rented his condo to a recovering alchoholic who actually was a recovering drug addict.