The commercial loan should go on your personal Sch E of your tax return too, if the property is used as a rental, where the mortgage interest paid will show.

Private money lending bridges the gap between speed and flexibility for investors while offering lenders a secure way to grow their returns.

Today all these homes could be sold on the market for a good return since homes on Long Island has had big gains.

I’d recommend steering away from condos due to high HOA fees, which can eat into returns.

Not sure what the returns are on a 6 bedroom for rents are but those would be your numbers.As far as new construction versus existing, I'm not seeing the gaps that big in any size range. 

@Anton TikhomirovPrices and potential (cash flow) returns can be slightly misleading if the investor only looks at these. 

Contrary to popular belief, this is not set because I believe it will give me a higher return.

But I do understand the OP points and I think that folks just really dont understand the work and risk involved in ANY rental property short of NNN leases with super strong companies I personally have one of those returns are 5% COC but all the headaches are gone.. you get what you pay for..

. - Your return on equity with this house is terrible. 

He was initially terrified of buying a place with a pool.. thought it would scare off insurers and sink his returns.