Put the work in to get it cleared then sold it to investor who bought property to hold it.

I am currently 5 weeks into working my first fix and flip and I am obsessed.

Even the big box builders like DR Horton will part with one to an investor, it just has to be near completion before they will.

My question is, should I make a cash purchase so I can own it free and clear?

Congratulations, that is an awesome goal!

I listed it for a month, then decided that cashflow would be strong with the current mortgage.

Though I have not personally contributed to these investments for tax credits, I have personally seen these investments in action and these investments can help provide more supply of housing and development that would otherwise not be there.

I am in New York City , I use the car for my rideshare business , I have no problem personally guaranteeing the car, I’m just looking to get it off my personal name so I can improve my debt to income ratio on my personal side .

I don’t see how those numbers make sense…I’m considering paying some contractors to walk an on market house with me (that I don’t intend on buying as the numbers would never work) just to get an idea of their costs.

Numbers get inflated by international students who are not, on majority, buying homes or staying past their schooling.