Qbox is a safer alternative to Dropbox since it is specifically designed for Quickbooks files.

As mentioned total budget for Rehab is around $85,000-$110,000 unless someone has alternate suggestions?

Just wanted to seek other's opinions on this and see what other alternative solutions are out there from here on.

Could be a great alternative to Hard Money.

Alternatively, if you don't want to take the additional hits to your monthly cashflow, you could consider refinancing the loan to make the loan "cheaper".

It is advisable to do your due diligence and ask about such things as how long have they been in business, are alternative assets their sole focus, are they BBB accredited and rated, are they a regulated financial institution, have they ever been sanctioned by any regulatory bodies, how many accounts and how much in assets do they administer?

In the event the original loan application is denied, Buyer, if requested by Seller, will reapply within ______ days of such request at an alternate institution.B. [ ] Seller: The balance due to Seller will be evidenced by a negotiable promissory note of Borrower, secured by a valid purchase money _______ mortgage or Trust Deed on the Property and delivered by Buyer to Seller dated the date of closing bearing annual interest rate of_______ % and payable$_________ per__________ for [ ] ________ years [ ] _________ months.

As an alternative approach to letting the properties cash-flow once paid off, someone recently shared their approach - they have essentially 10 properties, every year they re-fi one and live on that amount, the property still cash flows with the rent covering payments and all expenses, and he then doesn't have to pay tax on almost any of it because most of the income from the property is converted to tax-deductible interest.

Alternative stratagies?

His will likely be 20k or more.This is going to be a buy and hold rental, and I'm comfortable with the cashflow potential, however just looking at techniques on how to help him understand that a) his unit repairs will cost significantly more than mine which is why I was able to pay 89k for mine and cannot do the same for his and b) the alternative option for him to fix and sell will not be worthwhile.