Not that anyone should count on appreciation; just an illustration of how easy it is to hit well above paper market rates.I'll see if I can find a link to an online resource that compares the two scenarios. seems like schwab or TD had something...

Let's say your hard money loan carries 10% interest, and someone taking a second lien position would want 25% interest (which I think is quite high) with 3 points:Three points costs you: $20,000 x .03 = $600Daily interest: 25% / 365 x $20,000 = $13.7030 days: 30 x $13.70 = $411 + $600 = $101140 days: 40 x $13.70 = $548 + $600 = $1148I hope this helps to illustrate what I referred to as a very healthy return of $5000 on the $20,000.

(a) The provisions of the first sentence of section 1033(b) may be illustrated by the following example:Example:A's vessel which has an adjusted basis of $100,000 is destroyed in 1950 and A receives in 1951 insurance in the amount of $200,000.

A quick comment on the Case-Schiller Index data, with an interesting illustration.

Clearwater did win an award from Sports Illustrated as being a best beach.

(it is pretty safe to assume it's not free money) For illustration, if we assume 30 years at your line of credit interest, the annual debt service is $29,119.

I'd go so far as to say that having all these illegitimate children are a huge part of the problem and very illustrative of the reason that the poor are poor.The bottom line is that poverty is largely a character issue (or more accurately a lack of character).Mike

The twist was paying full price for it.This thread is a great illustration of the current split I see in our industry.

Using real numbers helped to illustrate it better for me.

Given CapEx being relatively fixed (we know this), and higher rent/purchase price properties being in less favorable C and D areas (pretty constant with very few exceptions), assuming 50% of rent for expenses for a SFH is a bit silly.Let me give you a simple example to illustrate this.