Any of these things happen and you’re on the hook for a lease you can’t pay.

Title company pays off $450k note, QI holds your $550k that you’ll then use as a downpayment on replacement property or properties.

So in this scenario the only profit is in the yearly appreciation and increased equity of $6,000 per year of principal payments.Exit Plan is to sell, take the equity and likely use in another investment.If I sell now instead of renting the upside I see is pocketing $85k in appreciated value after paying real estate fees.

Now: Pay contractors what they're asking.Then: Argue with tenants about what to fix and what not to fix.Now: Fix everything. 

Amy you will get your EM back.. so inspections you will not.what could you be paying interest on when the deal has not closed yet?

Would disclosing these terms in closing be sufficient for the seller especially if paying a higher price? 

If you have financing on a property and you sell it on a wrap, everything works well until the lender calls the note due.Since you have sold the property, you no longer own it, you can not refinance to pay off your lender.

I was wondering if I could pay an accredited investor money for him to invest and share in the profit?

What did you pay for it, what is it worth today?

Hi,  Does anyone have experience either using Bilt Credit card to pay rent or collect rent?