If I did nothing but kept the current tenants and rents, I would cashflow 6755, which is about 16% CCR after I account for closing costs and reserves.

Originally posted by Account Closed:Originally posted by @Alpesh Parmar:Originally posted by Account Closed:Originally posted by @Alpesh Parmar:If you are still debating about taking money off the table in coastal areas and move to mid-west or southern states then you are late.

@Neal Collins   (is that how you tag people) I work for loanDepot as a Builder Account Consultant. 

Account Closed thanks for the reply.

Account Closed  rocket mortgage mortgage is hardly the authority in mortgage lending I’d recommend finding a local professional and get a second opinion.  

You may or may not need to keep that money in a interest bearing account for the duration of the renters occupancy. 

It holds people accountable to these high offers we are experiencing in todays market. 

Hello all,I am looking for a local (Ventura/Los Angeles) bookkeeper or accountant whom can get me setup with a software based financial program.I would like someone who specializes in quickbooks or another platform, with a focus in long term real estate rentals.

Account Closed that this hardly seems like a real problem.

Account Closed It would help to provide more clarity around your request.