Both of these options make the higher interest rate and lower down payment favorable.I have enough savings to fund the renovation in cash, but I used a Chase credit card with 0% APR for 15 months.

So this group will be geared towards the emerging investor, that’s a nice way of saying newbie or rookie investor ha!

Needless to say the house of cards collapsed and not a single house was built.

@Kelly Cochran Tony Robinson from the real estate rookie podcast would be a great one to follow.

Times were good then and she built a business by meeting people, giving her card and growing her business organically.

Pay them over the phone with a credit card and give them the details for the notice on email.

HalloI am writing this post for a friend , who owns property in the US.He is a none resident , but his wife is a resident , holding a green card.He is thinking about transferring the property to his daughter , once she is 18, since he is not a citizen of the country.I believe if he is married to someone that has a green card , he will be considered a resident both?

When they go to buy a car, get a credit card, buy furniture whatever it is that they need credit for, thw interest rate will cost them dearly.With a  short sale, it's only a 2-year hit on their credit report and over 50% of the servicers never even report the short sale to the credit bureaus.

I paid BOTH with cash, rahter than credit card.

You should look at speaking with each tenant and seeing if they are interested and if they are that would help solve the negative cash flow issue by now having a chunk of the leasees downpayment to cover any payouts that you have.This is HUGE in todays market with so many people getting their credit dinged for FORECLOSURE of MEDICAL or late credit cards.