Financial Position Summary- October Gross Income $ 265,000.00 Net Income: $ 196,612.00 Liquid assets: $ 33,935.72 Total assets: $ 922,052.13 Total Debt: $ 432,153.29 Total retirements: $ 406,416.41 Debt to income: 27% Debt to assets: 47% NH Credit score 645 VP Credit Score(wife) 736 Net worth: $ 489,898.84 Thanks for looking at this, any help would be greatly appreciated!

Quote from @Barbara Johannsen: I used to think the only way to make money in real estate was to own rental property.Then I learned about note investing — owning the debt, not the property.It’s been eye-opening to see how investors generate monthly income from notes.Anyone else exploring this side of real estate?

Looking to refi ASAPCan you rate and term the debt with the little equity?

The key is how the deal was structured legally.. debt or equity.

Is it information or strategies related to different property types or how to use debt or seller financing for property purchases? 

January tends to pick up, so if you can get ahead with marketing and photos, you’ll be in better shape.When you start screening tenants, pay close attention to any prior rental-related debts, open collections, or bankruptcies...those are some of the biggest red flags you can catch early.For leasing, get your listing on as many platforms as possible (not just Zillow), and respond fast to every inquiry.

.• Debt discipline.

Quote from @Stuart Udis: Fishtown, Northern Liberties & Kensington are neighborhoods just northeast of Center City Philadelphia that saw a development boom fueled by permissive zoning and cheap debt a few years ago which created a huge wave of new multifamily inventory.

We are low debt so due to the number of houses we have we either have to go all in on debt and scale bigger or keep knocking down the debt we have which is minimal and get ready to enjoy big cash flow.There are a lot of variables base on where you want to go

Use it only if absolutely necessary because debt = risk and having been badly bitten by my largest lender pulled the plug on my largest loan at the very worst time and with no prior notice.