Be aware of higher interest rates and origination fees with hard money loans, necessitating a clear exit strategy.

Even with an ITIN and LLC, etc...Can discuss when we meet next week also 🙏 

I have a Fidelity advisor and am paying about 1% (still trying to get my exact fee) on $750k of managed money.

This is an awesome discussion!

I don't see discussion on this issue.. isn't it the case that Mojo dials multiple #s that are in separate columns. 

Seems like I should offload this property as soon as I can recoup the purchase + real estate fees + closing costs?

I wish to assume the FHA loan and keep the mortgage, clearing the arrears and paying something to the owners to motivate them for the dealIs there anybody who provides that service to coordinate this transaction for a fee ?

2) Do I include my assignment fee inside that 70% rule or does this come out at closing?

Evictions are quick and easy (just a few weeks, faster than most states), judges have always been 100% on my side, sheriffs conduct the move-out quickly with no fuss, there’s no notice required for owners to inspect or enter the property if they want to (I usually still try to give some notice out of courtesy, but it’s nice that I’m not required to), rent control was prohibited entirely across the state in 1981 (recent efforts to overturn that have failed), HOAs don’t have much power here (max fine is $500 for non health and safety violations, they have to give ample notice before any fines, can’t foreclose over late fees or fines, etc.).

We are now adding fees on top of the 10%, not fees for us but Airbnb has been tough lately charging us cancellation fees so the owner will have to absorb them as well.