Is the plan to pay it off out right after the fixed rate expires?

If it’s allowable I’m planning to send him a cease and desist letter to get the heck off my property unless he’s using the ROW for some form of access.

This is my plan and feel free to tell me what I’m doing right or wrong.First note: i DO NOT have a **** ton of cash sitting around. 

But since I am now an agent in the wholesale space, I plan to focus on local investing :) Hoping to do my first flip later this year. 

- You missed utilities in your holding costs- For your first rehab you should plan on a little more than 6 months, just in case- You might want to double check your tax number as taxes in NY can be pretty high- The biggest area where mistakes are made for new investors when it comes to flips and BRRRRs are in the ARV and the rehab cost.

As far as managing the property: IRS rules prohibit any disqualified person to provide services to qualified plan.

To effectively plan your investment approach, it is important to educate yourself and prepare financially by attending seminars and webinars.

Any plans for future meetings?

I have some family there that is planning to jump in the venture with me.

I stopped using that years ago and have no plans to use it in the future—it’s just not worth the risk.