The second component that affects the payment is the amortization.

I have always used Comps in the past...May be hard to get comp on a duplex if there are no others in the area...Present your number and then give them an explanation as to why you came to that conclusion.  

We can take straight depreciation, or accelerated depreciation on certain components in the complex too.  

As I'm sure you're learning, there are multiple components to flipping (buying the property, financing the property, fixing the property, selling the property).  

Good afternoon Kyle.I live in Burlington County NJ, right near where Monmouth and Ocean come together.I became a broker because when I got involved in investing over 10 years ago the gurus said you needed a good realtor on your team.I decided if that was such an important component, why not just become one.So while I am happy whenever I do a retail real estate transaction, my bigger objective is to work for myself and with other investors building a portfolio.Residential real estate is great for some agents, and it is important to stay involved with it to know what a home buyer wants, but for me there are too many emotions involved.Investment property is a business.It can be approached rationally, and the numbers either work or they don’t.There are many posts on Bigger Pockets stating the pros and cons of local vs long distance investing.I personally invest in areas that I know and can visit.If I were you I would not be discouraged about investing in Monmouth.You may need to use more of the creative financing techniques.

There are different components, you will have an administrator, that is the person who is charge of the account, making sure there is no prohibited transaction (can be you who does this job; however, you must know the regulations).There are a lot of factors to consider.I love Solo 401ks, they are definitely superior to the SDIRA.  

For some reason I think a roth IRA can NOT roll into a 401k (with roth component), but I don't recall if a standard IRA can.

FaganUnfortunately, a Roth IRA cannot be transferred to the Roth component of the Solo 401k.

Any layperson who understands how assignment of a contract works outside of real estate (where contract assignment is a long-standing and well-accepted component of contract law) likely realizes that assigning a real estate contract is no different than assigning a manufacturing contract, a service contract or any number of other types of contracts that are frequently assigned.Even in the real estate world, assigning contracts isn't just delegated to the realm of wholesalers. 

When there is a construction component, it will be structured as a 50% 1st from bank/lender, 2nd interim/bridge and an permanent SBA loan offering through debenture upon completion of construction as they will not fund their loan until the property is fully constructed, a Certificate of Occupancy is issued, and the Lender provides certification that both the 1st TD and interim loans are fully disbursed.