Then apply for another zero percentage credit card with balance transfer checks pay off the hard  lender.

Say for example at time of posting this, interest rates are within the 4.1 to 5.2 percentage rates, so in turn some owner financers I know will finance sub 100k properties for 10 or 11%.

Hi Daniel, if your looking for rentals make sure to look at the percentage return on your money, but some of the other cities outside of Austin may offer lower priced properties if that is a concern.

What's the P/E ratio, how's the earnings per share growth looking, dividend percentage, what's the federal reserve doing?

My wife and I live in a MFR that we own. once our upstairs rental income is qualified (2 years) we will be able to utilize a percentage of it as income for lending.

The numbers you did were for 33% of rent and that works because I usually knock off percentages off my numbers depending how the property condition is.

I am trying to understand the numbers a bit better and I do better by plugging in formulas and seeing the numbers change.I am especially interested in: -the layout of your pro forma-the percentage you estimate in vacancy, repair/maint., cap ex, misc-rough estimate for utilities etcI know every market is different but thats why I am asking.

My goal is to be able to buy single as well as multifamily homes and live off of the rent (long term goal) Ive also met with a broker who works with short sales, he takes on about 10 "projects" a year presents you with the short sales in area of interests (mainly Long Island) along with high and low comps, he asks for a percentage (unknown, at our discretion it appears) of the  profit after the property is sold, he typically works with investors who buy and flip. 

Larger properties typically take less time per individual unit (when you have 24 units, you expect a certain percentage to require complete renovations) and more time on building systems.

Lenders will only loan up to a percentage of the property value.