It will be interesting to see if they produce that at our next REIA meeting.

Even if you put no money in now you have time into a project that is barely producing PLUS when you find another much better opportunity to invest in now you are saddled with that other debt on your personal balance sheet.It's better to wait for the right deals than to become a part of a mediocre or bad deal.   

I'm already familiar with the price ranges of the neighborhood since I live here and the asking price is already low enough that I think I can renovate with a healthy profit but I'd like to breakdown the costs item by item to better analyze the deal.There's already multiple offers for the property and even if I don't get the deal I'd rest better knowing I didn't passively give up just because I didn't try my best with getting even a conservative offer on the table.Thanks for any help.

I have not purchased yet... and really just putting this out there for some healthy debate about this.  

im selling partnerships in a bridge in Brooklyn, the tolls alone should produce a near infinite residual income for the partners. the address to send the money to is............... 

I have a FT job, I don't plan on going FT in REI or being a huge producer starting out, so I'd imagine that would be the better optionThanks everyone for all the advice and insight.

If you've been holding the property for 6 months while it produces no income you have to decide how long can you afford to do that and compare the risk of holding longer against having to take a hit when you sell it. 

Produce documentation that shows the cards are paid, dispute the report and submit the documentation as proof.

I make a healthy salary but would also like to get into real estate.  

I'm a new member from Orlando, FL, looking to invest in my first income producing property.