Up till two months ago both parties made their portion of the mortgage payment in a timely fashion for twenty years.The other owner to be spiteful has not made several consecutive mortgage payments from June 2020.The stoppage of payments is intentional.

.#7 Delinquent Tenants: Though the majority of the Section 8 rent is paid by the government, the tenant is usually responsible for paying a portion of the monthly rent.If the tenant doesn’t pay his portion of the rent, the landlord is forced to go through the Section 8 eviction process, settle for less profit, or possible even lose money after all maintenance and repair costs.Sometimes, landlords are reluctant to report a tenant who is late on their rent payments.

I have come to find out since then that there are numerous small portfolio lending banks in my city that are happy to allow a 25% or even 20% seller financed 2nd mortgage to cover your 20% down portion, all happened at the same closing.

I'd still call myself small (20 deals/year), but I see the opportunity and am running full steam ahead to capture a very large portion of the market.

I will maintain XYZ% of the LLC and sell off portions of it to them.

He’s a smart guy and has developed a very interesting business model.He works with property owners by ground leasing a portion of their property, installs a modular ADU there at no cost to the property owner, and then rents it out.

Just he careful, some portions of CH go to East Cleveland schools and rental rates/market value drop in those areas.

The most expensive portions of this that are often over looked are the water service and electricAl service upgrade.

Curious what folks are utilizing for their security systems during the rehab portion of the BRRRR. 

I know that this wouldn’t be an issue after some time of renting due to setting aside a portion of your profit to deal with these expenses.