Because my equity is high, my ROE is low, but seems to make a boost on ROE if I payoff the remaining mortgage, which surprised me.

That strategy really helped me learn the ropes and build equity while keeping my living expenses low.

The other is in the low 500s but stated that this is due to a car accident totaling her car and is in litigation, so she is not paying on the loan. 

Does anyone have a expense/mileage/income tracking tool in Excel that they like?  

They’re relocating out of town and would like to sell by the beginning of the year.Here are the key details:Current rent: $1,850/month (tenant is month-to-month, wants to stay)Market rent estimate: $2,200–$2,350/monthTenant history: Has been there for about a year; was paying $2,150 at their prior rental, so an increase to $2,000+ should be manageable.Seller’s situation: They owe about $156,000 on the property and want to net around $100,000 after all taxes and fees.Existing mortgage rate: 3.5%Wholesaler offer: $287,000My position: I just bought a fixer-upper, so most of my cash is tied up, but I can access around $100,000 from a HELOC at 6.5% (15-year draw / 15-year repayment).Question:Is there a way to creatively structure a deal that allows me to leverage the seller’s existing low-interest mortgage — even though it’s not officially assumable?

You’ll file one joint return, but S-corp expenses don’t get “added” on Schedule A, they must be deducted inside the S-corp and flow through on the K-1. 

I regularly work with investors who insist on chasing the last dollar.  In other words, they get a solid offer and want to hold out for a better offer.  Your most profitable deal is the next one.  Deal flow is more im...

Keep your expenses low.

Growing your network is great but I'd focus on keeping your expenses low, growing your skills and active income to give you that savings it takes to start buying

Operating expenses look at the regular and ongoing costs incurred by a property on a monthly or yearly basis.