I currently have two cash flowing properties in Charlotte and I am currently looking for a third property.Like many of you my goal is financial freedom but it has been a slow process since I still work full time.I am looking to do a refi on one property so that I can purchase the third property.

I currently have two cash flowing properties in Charlotte and I am currently looking for a third property.Like many of you my goal is financial freedom but it has been a slow process since I still work full time.I am looking to do a refi on one property so that I can purchase the third property.

I graduated with an architecture degree two years ago and thought that all I needed to do to become financially free was to get the best job possible that payed me well... dead wrong.

Make sure all costs are passed through to the tenant, including all permits and approvals, maintenance obligations, tax increases, etc.

Hi @Amber K.It is bad business practice, but the listing agent is not obligated to answer any questions you have, until you are under contract.

If you're attempting to assign a contract (specifically, in Texas), make sure you understand that unless seller specifically releases you from any contractual obligation upon an assignment, you're still on the hook if the assignee fails to perform.

I don't know why some people think wholesalers have some kind of ethical obligation to give advise to the seller.

ZERO financial analysis background (also biggest cause for concern because if a syndicator is taking shortcuts here... you know where this is going)No property management experienceNo investment management experienceOn average, the only "experience" is flipping / wholesaling houses...

If you are conservative want to count on the income as pension you can cash out the balance and expect several K income with tax and insurance obligation.

As to renting, the current financial model from a re-fi some years ago provides a negative cash flow.