Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 12 months ago,
How To Find Deals & How To Know If They Will Cash Flow
Admittedly, it takes the Rosetta Stone to unlock it's marvels but here is a Profitability Spreadsheet in it's not yet finished form. The idea is that if you buy a property as I do, "off market" taking over the seller's loan, as Subject To - you take over a lower interest rate, you have instant equity, you don't have to use a bank or credit to qualify, and you don't pay lender origination fees. (Subject To) (Technique Old as the hills) To lower confusion, I omitted the "inputs" section.
Here is what you want to know
Click to Enlarge
The Left Column is "Buying off the MLS Using a Bank Loan". The Right column is using what I do. (Subject To)
Here is How we got there
Click to Enlarge
Part 1
Part 2
Part 3