Purchase price: $90,000 Cash invested: $18,000 This is my first buy and hold property.

Purchase price: $90,000 Cash invested: $18,000 This is my first buy and hold property.

Dear Christopher,I don't think you will have a problem...because your target population should be cash-pay clients, not Medicaid/Medicare recipients.

Are you cash flowing the property?

I'm personally not a fan of no cash flow.  

@Todd Knudson40% cash on cash or it’s a pass for our group.

Or if they want a high-interest rate, and your numbers will not work at that interest rate, or if they really want a crazy high price where it will be difficult to cash flow and refinance in the future.

That's awesome you're looking to earn some extra cash and learn something new!

The last thing I want to do is deploy a large amount of cash to buyout my spouse only to then have the lender raise my interest rate to today's rates.

so your saying can't legally do a double close in denver with no cash of my own?