Unfortunately as was pointed out in a forum post about a week ago there is no option on this calculator to include a second or third mortgage.

Quote from @Mija Aguilera: Hi @Christopher Charles I’m based in Maryland and familiar with the areas you’re looking to invest in. As

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Quote from @Debra Irvine: I'm going to look at some properties this weekend in Baltimore and one of the properties is in a R--8, so it look as if its a townhome so I would have to get permission from the council to convert to a 3 unit building?

In a few years, after i've raised rents and finished fixing up my properties, i'll be making $70k from my rentals.

@Ali Mol In a lease-to-own agreement, the $1,666 monthly credit should be treated as a liability (deferred credit) rather than rental income, as it is allocated toward the purchase price.

Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.

@Sawyer Smith, you mentioned that you’d be running the fund yourself.. it reminds me of a situation my cuosin found himself in a while back.

I see you invested a serious amount of sweat equity (and real cash) into turning it into something practically new from the inside out, and it looks like it paid off in a big way.

With some of my clients, I've seen discounts of 30% to 90%.Here is a real-life example: I invested in a $50K note; it was second TD but with significant equity (over $200K) protecting my investment.