Of course, I also calculate ROI, but I wanted to make sure I’m looking at the right metrics.Since I only do hard money lending, my structure is pretty simple—loan disbursement, monthly interest payments, and fees like origination or exit fees.

They still owe the debt and it should treated as though they do.

Educate yourself with resources like The House Hacking Strategy and practice analyzing deals using tools like BiggerPockets calculators.

What lenders do you recommend to work with to access the equity in my duplex and how do I go about purchasing another property and not paying the 20-25% down.

Unless you have a massive deposit relationship with them like 1m++++ then they may do 20%That said they will finance the rehab if you’re a strong borrower and it pencils. 

I do flips and multifamily investing in Columbus and LA.So, here’s something I didn’t know going into my last flip: if you’re dealing with a split-level, appraisers can decide that anything below grade doesn’t count toward the square footage.

I do it myself and takes 20 to 30 minutes a month (did it yesterday for Dec), with about 7 of those minutes for 1 property in Blount County, TN which requires the form to be manually filled out, write a check, address an envelope, scan doc and check for my records and walk it to my mailbox.

it is mostly from what I've been seeing in activity in my STR, and in talking with some friends who manage restaurants.

It's no guarantee but it's a good place to start.

And do you use a mailbox outside?