Same, FL  beach house .. balancing increasing operational costs with lower ADR‘s and increased competition.

The retail buyer obviously can own the property in the end if he pays off the balance, wholesaler has nothing to do with it once he assigns the contract, but we are talking about transaction, everything that occurs before CLOSING.

But Gino can you pay your credit cards every month or do you have to carry a balance ?

Your 401k administrator will help you set this up and usually you have to make monthly payments. 4) If you default on your 401k loan, the entire balance is distributed to you, then you have to pay taxes and a 10% premature withdrawal penalty.

this really depends to on what you do for a living .if your in the real estate space with a lot of commercial loans.. your balance sheet is very important more so than your fico by a long shot.so when figuring net worth those that are leveraged to the max basically have very little to no net worth other than their cash or other non real estate investments. so its a fine line..

Similarly, using unit costs from your engineer, do a SWAG of the costs for clearing, stripping topsoil and balancing the earthwork, etc.

I balanced the two worlds at a W2 and a part time agent.

Over time, as rents increase and mortgage balances decrease, your cash flow improves.Secondly, property appreciation plays a big role in wealth accumulation.

It's really expensive and you have to add the balance all the time which is annoying.

A balanced market is typically around 6 months of inventory, so a lower number represents a seller's market with limited inventory.