Continue to live here and leave side B empty.

I learned SO MUCH on this deal and definitely did not get to take all my money back out, but I consider it a win because I'm cash-flowing $600+/month and was able to take out $112k of the $145k I spent, leaving only $33k in this deal.

I learned SO MUCH on this deal and definitely did not get to take all my money back out, but I consider it a win because I'm cash-flowing $600+/month and was able to take out $112k of the $145k I spent, leaving only $33k in this deal.

:) While I did leave $30k in the home after the re-fi, it would be almost impossible to find a house this nice for that much and still cash-flow $600+/month.

They will finance up to 85% (leaving you a 15% down payment).

Wholesaling is hard, you basically have to know how to be a flipper and just make less money, it takes either a ton of time or a good amount of money to find sellers willing to sell at a price that leaves meat on the bone for the investor and wholesaler. 

That also leaves me feeling nervous sometimes, because although I’d love having even more money in our pocket every month from only being required to pay interest-only...eventually you’re going to have to pay that total debt, so I’d almost rather be attacking it all from day one.Unfortunately, we’re never going to be interested in using this as a rental property.

That doesn't leave much for pre-paid taxes, insurance, closing costs, etc. with a $10k budget.

I actually prefer to leave them as the titled owner because there are no property taxes as government entities cannot be charged taxes.

Takes one city policy to pass or a big company to leave to create an equity void