All Forum Posts by: Dan Passarelli

Thanks @AJ H.! 

Along those lines, what's would some of you pros say is the biggest risk to the mortgage holder? The main one that comes to mind is vacancy for too long, so not enough revenue to pay the rent. But is there something(s) else to be concerned about? 

Hi. I have a hypothetical question. When buying a rental property with a partner, would / could it make sense to have just one of the partners take out the mortgage in just their name and the other party not be on the mortgage? If so, what are the risks? If not, what are the advantages? And if done that way, should the party not on the mortgage have some other / extra asset to contribute to "balance" the partnership? 

Hey @David Robertson and @Cody Neumann Thanks a bunch. This is really helpful. David, thanks for the spreadsheet downloads. 

Hi. On all the calculators I've seen, when you are doing your analysis it asks rehab cost. It seems to me all the other info can be gotten (or easily researched) as soon as the lead comes in. But I think the only way to get a rehab estimate is to send your contractor and / or inspector out. Right? So you can't really do the analysis until you do the inspection? I'm not sure how to think about this.