Should I use the money from my investment account or wait til I save the rest of the money for down payment which may take 2 months? 

the POF is an IRA account that the the 'buyer" had no intention of using.  

And I'd then have a big fat mortgage.So after 6 months, I can cash out refi, have a mortage, and after PITI, account for property management, saving for cap ex, repairs, etc, I could cash flow $100 a month. 

Ideally would like to get it rented before the Holidays kick in.The new applicant we have has good rental history (no evictions, good landlord reference) but pretty bad credit (more than 5 accounts with charge-offs and collections that have just been reported in last 2 months).

David Byck EA, CTRSFlorida Tax Guy, Inc"The Realtor's Accountant"Tell him I referred you, if you dont mind.

Thank you Account Closed.

Just know that getting more bids later on may come in lower or higher so account for that...for a first time flip just go ahead and assume you’ll spend more than you think.

Richmond VaI am thinking about hiring a property manager to collect the rent, and pay the HOA fees while depositing the remainder in a bank account for my mom and I to access.My working budget is $300k and I am looking to get a minimum of $1.5k-$2k per month in rents.Insights welcome

So I signed Lease Option with this homeowner, but she still owes two payments for the burglar alarm company. I'm trying to get her to talk to the company but she's not very cooperative. Her phone doesn't work well eit...

(Tip: In the lease for multiple roommates, I do break down how much each roommate pays with a different "cents" which helps identify in my accounting who is paying.