Thanks Elizabeth...excellent points!

To add to Account Closed’s excellent posts, rehab funds could come from the purchase money lender by including these with the first mortgage.

I know the post is her as it is a small area and she is a woman veteran with two kids and the details match.

I have a really good Microsoft excel spreadsheet that I like to use when I'm figuring out numbers on potential properties.

If I plug the numbers in as income only from the two 2/2 units at an average of $525 each and use the cap rate as the valuation method it matches what is on the tax information.

Making accelerated payments on your own home is an excellent strategy as that debt is not earning you any money.

For others, a tablet device is simply an excellent sales presentation tool.Gift card from a local eatery near office or home: Restaurants, lunch spots, or even local coffee shops offer gift cards for your real estate professional.

As one loan is paid off, the extra payment plus the payment from the paid off loan is paid to the next loan in line.I built an excel spreadsheet that allows me to determine the extra payment necessary to hit our 5 year retirement goal, but it is not as robust as I would like.

You can set it up to match up with their payday as well.I'm sure some of your utility companies do something similar.

I think this is an excellent question.