To evaluate Real esteate deals for creative financing, start by identifying seller motivations i.e. financial distress, desire for passive income, do they need a downpayment on their next house, etc  and property factors like equity or existing financing terms.

He would pay rent usually half around 15th and then the other half around 25th-30th of every month, so he was always a month behind.

Quote from @Cameron Green: Hi Jhamari,I live in Cleveland Heights, and have three rental properties in safe neighborhoods throughout Cleveland/Cleveland suburbs.

It should also be noted that there is often a difference between the borrower and the guarantor.If the loan is made to an entity (LLC, corporation, trust, etc.)

Tons of jobs and growth which allow for better tenant selection, low crime/safe, etc.

Be sure to check permit and code requirements.5.

Some expenses are noncash and can be added back to increase your net rental income, and others cannot.

You may just have to take the loss and move on.

Closing a new loan right now and the underwriter is making me close a HELOC because of the number of loans I have in my name.

What this means is that the rehab funds will be held in escrow and you will need to request draws once work has been completed.