Partnering up with family that has trust in our track record boosts confidence and allows for continued business.

Working in a busy property management company, I'm often asked for advice on camera and alarm systems, and in rougher neighborhoods sometimes it can be a toss-up on whether to keep a property boarded-up between showings. 

When the whole covid shutdown occurred, I dropped out of college to help my father's service business maintaining and remodeling residential and commercial buildings.

How did you incorporate the funding fee PLUS the closing costs?

Turbotax isn't going to educate you so unless you'd like to educate yourself and potentially make some costly pitfalls, then I'd outsource.

Are the business on there trusted? 

We used to hire a company to balance the chemicals and my costs were almost 2K per month.

Borrowing $200K at 4-5% will cost you $8000 - $10,000 of interest each year. 

I would suggest you up your rate from 8% to 10% to help off-set some of that cost. 10% is doable all day long here in Texas.

Though I am unsure how I would amortize the up front remodeling costs for P&L, tax accounting.2) Interest only loans term loans -  Would allow current owner to have cash flow on the property, without eroding the asset value.