need help on analysis for current lenders options for investors

[Trish Wilson]

I just watched the video of David Greene for the 90 day challenge which was very good. Thank you David. As I am trying to help investors here in Idaho find the right passive income investment properties for them, I have to deal with lenders who are giving a higher interest rate like 8% or so. A 40 year loan with interest only payment options for the first year or first three years. And a downpayment of 20-25%. 

Using your rental calculator, the title company's calculator and online calculator, it is quite difficult to find a more accurate number. I am getting negative cashflow on almost every property. Unless, there is a way to do analysis better or I am not finding the right investment property.

Is there anyone in this group, who has encountered the same situation? Or is there anyone who can help us figure this out properly?

I would appreciate any feedback or sharing of your own experience on this matter.

TW

[Trish Wilson]

Thanks Don. I love Idaho Falls! We wish to go back there by next year. We spent Christmas last year in your area. 

We are also looking at areas near McCall to invest too. But my investors prefer to stay local here in the area, not necessarily Boise, but Meridian or nearby cities. If what Grant is offering will work and provide a passive income, we might invest as well too.

Again, thank you for sharing your opinion.

Trish w