Depending on your relationship with your parents and everyone’s expectations it might be better to have them be simply a lender on your first deal.

Vidal - you would want to go to a lender and have the properties appraised (different from the city assessment).

@Rajin SainiReach out to private lenders here on BPHappy to take a look at some of your dealsWhat we find to work the best is honestly not sell anyone but just tell people what you doYou fix and flip a few homes per month using private and hard money

Real estate continues to be high where I am located and when I calculate the mortgage payment with 20% - 25% down, it only breaks even with the rent I could collect. 

Mortgage, including insurance, escrow etc. is $589.

I have already spent fifteen thousand dollars for a program that didn’t show me how to get financing for my deals and I am broke seriously broke like don’t know where I’m going to get money to feed my family broke and I am HUNGRY in more ways than one this means the world to me I have to make this work so please if anyone can help me find private money lenders that will take a chance on me let me know I know I will make us a lot of money because I have.

I could only get 1 DSCR lender to do 1 of my SF properties due to the low ARV, the fees and interest rate are absolutely not worth it.Are you bundling properties together when refinancing? 

I wouldn't go crazy with an accounting software but instead use excel.The other items likely paid for you outside of the PM company are mortgage interest, taxes, insurance, travel to the property, etc.Best of luck.

Make sure that your lender/loan officer is willing to get on a call with your lawyer to help out with any discussion/details to dial the agreement in as much as possible.

If we were to buy something in Lake Nona, it would obviously not cash flow as we would have her move in and essentially just help a bit with the mortgage, but how is appreciation looking in that market?