Christmas to New Years is easily $30,000 of income.   

Our situation:End goal is to have a single family home in Maui in a few years...We have roughly 257k equity (conservative estimate) in our single family home after about 7 months of ownership (thanks to locking in our purchase price a year before we closed).My current primary residence mortgage is a 10/1 ARM at 2.75%The house payment is easily covered by only one of our incomes (I'm married) and I've recently got a pay increase that is more than our current monthly mortgage.My desire is to buy an investment condo in Maui, and rent it out at about break even.... to either move into when we move to Maui or to sell our current primary residence and the condo for a single family home in Maui.I need roughly 140-150k for condo downpayment and have about 30k currently.Would the best move be to do a cash out refinance to get the rest of the needed funds?

I can’t count the times that I’ve been approached by someone who has no experience, no site and no capital with a JV proposal.Taking on a “partner” with these “credentials” requires the experienced developer to not only do everything normally required to execute the project but to also teach the novice partner.The time and effort involved on the developer’s part to teach the novice partner will easily double the work normally required to do the deal.Anyone that hopes or expects a developer to train and share equity with them needs to adjust their expectations and bring something of value to the table in addition to any sweat equity offered by the novice.There are ways to get into the development game but they must be logical to both parties and make financial sense.I’d be happy to discuss this further with anyone that is considering getting into ground up development.

Make sure your MLS search includes homes with an office/den/office/bonus space/converted garage etc. that you could easily convert into an extra bedroom.

(welcome to Newburgh NY) .....i can easily rent out the units for 2100-2300 each the property has multiple violations.now my question is is it worth paying them?

With RV's you can quite easily see if a tenant plans to stay long term by the work they have done around their RV, so it doesn't really matter what the previous owner tells you about their intention to stay.

I would not suggest to use them for your first flip or if you are a beginner because a beginner can easily go over 5 months.2.

If your interest is to sell quickly and easily at a fair price, call Jerry or Sharon at xxx-xxx-xxxx today.

I have my safety deposit box there and unfortunately, if they can foreclose on the wrong house, I could easily see them drilling into the box and trashing it out by mistake.

Certainly it's not the only mistake investors make, but it's the one that is most easily corrected.