The biggest problem I see with the car note is that it is short term debt that has a greater impact on my DTI.

Personally, I'd rather compile a list from whatever sources I tap into (I guess that would include driving) and do, or delegate, the research in the office.

Hello everyone. My name is Grant, and I'm new to BP. My background: I became an accidental landlord about 6 years ago. I then met my wife, who owned her own house, and we bought a larger house together. Her house...

The problem with your analysis is you left out some of the biggest expenses.

Harold, BP is not just a message board, I'll suggest you do some more reading about SEC requirements and the SAFE Act, the difference between hard money and private loans, as both can come from the same source of funds.

When I started out, my wife did not share my passion/vision and it ended up being a constant source of tension.

As far as listings, they are a good source for commercial listings.

Funds are tight right now and not all traing will the student get the biggest bang for their buck.

So see hard money as a tool that allows you to leverage your limited capital and increase your ROI significantly.And by all means, develop your own sources of private money over time.

Unless the property is near a source of jobs or tenants (think colleges) you have an uphill battle to fill them.4.