Worked out a deal, found business partners (down payment assistance), and took advantage.

Please let me know your thoughts on this idea or if you have any other payment ideas.

Ilana Shalu, a student and new investor, part of a group of investors from Israel.I personally, from a kibbutz in the north of the countryReal estate studies, the thing that is most emphasized is finding local connections for cooperation and mutual trust workI would love to meet brokers, wholesalers, contractors, property managers in the Memphis areaI plan to purchase about 3 rental properties in the coming year. and one asset to reverse.I would appreciate your help in achieving this goal soonI would be happy to talk on the phone and get to know everything from you that will be relevant to me, and you can think that it is already so clear...and for me it will be a treasure.I am attaching my email here, I would be very happy to be in touchThanks,His Ilana

If you’re getting your loan docs from a lending attorney, and I hope you are, both the lender’s instructions and deed of trust, mortgage, or loan agreement should specify your insurance requirements and could serve as a reference for you.

Ive made some extra payments on it and the original mortgage of 229k is down to 216.

The key for me was putting together a good and trusted team since I live in the Seattle area. 

I am interested in peoples thoughts on what to do with it.I could use the money as a down payment for a rental property, I would just need to make sure the profit covers not only that property, but my new equity loan, which I feel could be a challenge to find a property that cash flows that much.Or I could look at doing a flip, and just use the equity and a hard/private money loan, then just pay it off afterwards.What does everyone think the best use of this money would be?

You have property management, insurance, loans/mortgages from banks and lenders, you and tax person, and maybe someone like me who provides you with already vetted deals from trusted providers.Yu can get some mid-size deals that maybe pay $300/month or less financed deals that pay about $800/month.All this and a lot more details I am happy to discuss with you and your wife is related to your investing business.Independent of that should be where you want to live.

I am in need of reputable outfit that provides consolidated  Family  Office Services under one roof in Sacramento  area( Asset Protection, Trust and inheritance, Tax  services and strategies  and   Financial Advice for  Real Estate Investors ).

Currently, we are leasing the property, generating a net profit of $380 per month and living in Missouri.We are contemplating the decision to sell this property and potentially gain $239-278K payment to buy additional investment properties in Missouri given the rising rental rates in the area, we anticipate increasing our rent and potentially securing a net monthly profit of $780 (annual$9,360).While we acknowledge a monthly profit, our concern stems from the apprehension that the property might not fetch as high a price in the next five years or that our HOA fees and taxes could escalate.Given this situation, what course of action would you recommend?