Also performing notes can significantly impact your net worth in a positive way, remember the interest is what is paid first on the loan , your equity doesn't decrease much until much until late in the loan.

In this scenario, each member doesn’t actually own real estate, they own a business (that owns real estate).If that is the case you have two options: 1) The LLC performs the 1031 exchange and continues to achieve the goals of the managers through changes or details added to the operating agreement and subsequently consider dissolving the LLC. 2) You dissolve the LLC and reform as Tenants in Common *prior* to the sale of the property.

Here are a few considerations:Market Trends: The local market shows signs of softening with more homes for sale/rent and lower rent prices.Future Cash Flow: With expected rent reductions, my cash flow could drop to $950/month.Alternative Investments: I haven’t found any local deals that generate positive cash flow.

Hi everyone,I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 yearsThey're open to either interest-only payments or an amortized loan structureAdditionally, I'm trying to secure the best financing option available.How does this deal compare to the current market?

We've added Zelle as a payment option as tenants were very upset in regard to the new fees.

However, this requires careful legal handling.Other options:Reverse Mortgage: If your parents are over 62 and the home is their primary residence, a reverse mortgage might be an option to access equity without monthly payments.Home Equity Loan or HELOC: If you have significant equity, consider a home equity loan or HELOC to cover your parents’ rental expenses, then repay it over time.The Good: Co-ownership can provide financial relief and shared responsibilities.

I have concerns over a tenant prospect and I consider ending a lease and easier option than evicting.

if so, this had high risk written all over it for all parties, as in todays market it is very rare to find properties that will produce positive cash flow with 100% leverage.  

After 12-18 months we plan to refi with bank financing, we are just not in a position we can do that quite yet.

I personally budget about 200/mo during underwriting and try to maintain a large cash/cash equivalent position.