The bank is going to love you paying that off.Could you get an equity line to give you the cushion and keep this cashflowing property with a low interest mortgage?

To generate passive income from rental properties, investors should aim to purchase properties with positive cash flow, meaning the rent income exceeds the expenses associated with the property.

It’s not in West Chester downtown. the property gives positive cash flow , so I am thinking about buying it.

I see a problem just with the lien being in 2nd position.- Christian

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

I have had experiences dealing with production builders in the past, learning both the positive and negative aspects of their work.

Is there a difference or are these the same?Thank you

So just knowing the basics and directing them in the the best tax position is helpful.

We tried to stay positive and hopeful that we would see the value in the program and that it would be worth our time and money, but we were just kidding ourselves.

those numbers don't work if you need design help I'd rework the Floorplans to smaller and higher rents to lower construction costs. 2.1 million for 12 units is crazy. we build at about 100k per door hard cost. suburban walk up style apartments fully leased up with land go for $155k a door over 100 units in columbus ohio. so if you work backwards take the equity and land out our pricing is right in line for build cost and that's with profit to investors.