I’m sure I sound like every other joe shmo who gets on the website and is hoping for a get rich quick scheme but I’d like to consider myself not one of them.

You can imagine how quickly this will become complicated - you'll have collection issues, possibly issues with timing reconciliations, etc.

Which is possible on most commercial deals, as the sellers are generally investors also.I run a full service, real estate, property management and investment company in Fall River and would love to jump on a quick call to discuss your goals.

Sounds like a get-rich-quick guru scheme to me.

The refinancing idea only works on a relatively quick time scale if, for that same $120k subsequently appraised value, you only paid $90k (or less), all-in!

I have $50,000.00 to invest and I found $70000.00 patio home. so I decided to buy with 20%down and get the traditional mortgage but quickly realized that I have to pay roughly $3500.00 load processing fee to get the either 15yr or 30yr loan. question #1 should I use HELOC(which processing fee is in 7 to 800ish) from my home to pay the rest 80% and try to pay off as fast as I can or just get the traditional loan and utilize the tax benefits?

I only keep enough cash in this account to pay monthly bills.They can use Chase Quick pay by Zelle, or BofA bill pay by Zelle, all they need is my email address to send me rent payment.

Once you reach that rate things can happen quickly

They can get expansive and overly complicated quickly

Quick Wholesale question.How do I know who to send yellow letters to ?