If you are talking about performing mortgage, you can buy REIT and other financial derivatives.

To derive net operating income for instance, you have to make certain estimates about a property's expenses, vacancy rates etc. all which can vary drastically with each property.

Since you mentioned you are interested in the BRRR strategy, you are hoping to benefit from the power of forcing appreciation in the property and then refinancing, hence it is even more important that you factor this into your strategy.Cash flow will give you financial freedom, but cash flow is derived from equity.

We have been around since 1998 and we specifically help local real estate investors through education - we don't sell "get rich programs" or, any other derivative of those BS programs like many groups do.

If it is multi family, the value is generally derived based on the rents, which is different than a single family.

So instead of wondering how bankrate calculates the payment, you know exactly how they derived at the # they did. 

Your investment income is derived from renting out the other units.

The credit  score is a value derived directly from the individuals payment history.

Since you plan on living in the other unit and you want to live there for "free", you will need to derive the debt service from the one unit you rent out.

mod=dist_smartbriefMaybe they can create derivatives and resell to the more sophisticated investors...