That good debt is making you rich as long as the interest rate is bank rate and the property is cash flowing.

Or what you could do is just set an iron clad rule for yourself that you're allowed to do as much as you want, as long as it's done in 1 week.

As long as your honest and professional, you probably can go with the least expensive business card option.

(Patelco actually does it for 2.25%) 2) this is more powerful - You can always add to the CD balance at any time as long as you contribute $100 or more and your CD term is 12 months or less.

I figured, ok, I really don't mind doing minor things as long as he pays for the stuff.

I know that I will need a property manager, and that will eat up 8-10% of the gross monthly rent, which I am alright with as long as I am positive 100-200 a month after "ALL" expenses are covered.So far I am liking texas, but am concerned with the property taxes, and the distance to get to the house if I have to.sorry if this is all over the place, lots on my mind.Back to reading BP to learn more.

As long as bullets aren't flying, location isn't that important.

As long as its really worth $290k I would say its ok.

greg, there's nothing wrong with lease-optioning, or maybe doing a wrap, or a seller carried second mortgage (as long as it's legal where you're at).

As long as it's cash flowing and under good property management, that's good enough for me.