The 2005 loan shows it as a first lien so I assume they cleared the history somehow but they are unwilling to share the policy.

I’d be happy to share insights and tips to help you get started and work toward achieving your goals.

Thank you in advance for any advice, stories, or pointers you can share!

If you ever want to explore opportunities here in Charlotte, I’d be happy to share some insights.Best of luck with your first investment!

Do a search for Background Checks on the Passive Pockets site.

When you deliver on your promises and provide exceptional returns, investors naturally want to share the good news with others.

We do a pretty good deal of site selection with data behind it and use experian as a data source. 

For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

Hi All,  just heard about this site. 

At the very least you get practice running numbers and if you share your thoughts with the realtor they will have a better idea of what you are looking for in the future.