He leaves, and the agreement is his wife is to pay the mortgage.

The other thing you can ask for is a cosigner from someone with better credit.Usually they move on to another landlord with lower standards but I have people jump through my hoops and with the extra "skin in the game" they have been better than average tenants.

I've only been to 2 meetings, but I leave there full of info, pumped up & motivated!

If he has, great, leave it in the expenses as a negotiating item while knowing that it is an expense that won’t recur.

What is he leaving out.

I would want that debt service as low as possible even if I had to put a few k down versus a bad owner finance note structure that leaves me with a high payment every month.See if he will go 99,000 and 4% on the note P and I.

From there I was ready to go... of course the big dream go out and make some money and leave my day job.

Similar to Goldilocks, I think I'm leaving a trail of wasted money on the ground.

I am just thinking while typing, here is my thought:When you refinance the larger property, assuming you would leave the smaller property financed with the same lender, this refi completely changes the collateral, in the lenders favor.

Leave it to a bunch of RE Investors to get into this level of minutiae for a $100 deduction.