Most hard money lenders do not strictly speaking have a mortgage on your house - they just have a promissory note secured by your house.Jake, I know from seeing you on here that you're new and looking to get rocking and rolling in real estate.

I would like to walk you through my analysis to see if I am doing something wrong with my numbers.Property: Duplex in San Rafael ST, South of Edgecliff Village in Fort WorthAsking Price: $155,000Down Payment (3.5% via FHA): 5,425Loan Amount: 149,575Loan Period: 30 yrInterest Rate: 4.38%Monthly Mortgage Payment (using BP mortgage calculator): 747.24Income:Unit A --> 695Unit B --> 89550% Rule:Cash flow = (Income)*50% - (Monthly Mortgage Payment) Cash flow = (895) *50% - 747.24 = -299.74** This computation was made only leasing unit B and living in unit A (house hack).A few thoughts regarding this analysis:1.The schools surrounding the area are below average schools (according to greatschools.org).2.I am not including the monthly taxes, nor the monthly insurance in my analysis (I have not searched for this information.

Normally the struggle is between B and C. 

□Does your business plan include plan B and an exit strategy for each property?

Most agents dont want to rock the boat once the transaction has started. 

Their platform also rocks, it is not buggy like some other financial services platforms out there, and just seems like this company has it together.So, I was pretty happy when the 2nd share offering came out a few months ago. 

-S.C.5.983.028Colorado Springs, Colo3.125.659Nashville-Davidson–Murfreesboro–Franklin, Tenn.1.007.6710Tulsa, Okla.7.541.0211Seattle-Tacoma-Bellevue, Wash.2.346.2112Spokane-Spokane Valley, Wash.3.504.9713Austin-Round Rock, Texas4.044.4214Miami-Fort Lauderdale-West Palm Beach, Fla.3.105.2815Little Rock-North Little Rock-Conway, Ark.7.001.3716Denver-Aurora-Lakewood, Colo.1.756.5417Orlando-Kissimmee-Sanford, Fla.1.246.8818Toledo, Ohio5.162.9519Columbia, S.C.5.073.0020Palm Bay-Melbourne-Titusville, Fla.1.007.0021Jacksonville, Fla.4.733.2022Durham-Chapel Hill, N.C.5.182.6223Providence-Warwick, R.I.

The guy hangs all the rock over the weekend and had a lot of mud done .  

I am considering investing with Castle Rock Capital Management located in the Tampa area. 

Turnkey doesn't provide value to people who are willing and able to get rock bottom prices and cut costs on their own by doing their own rehab and self-managing.