Quote from @Vince Nguyen: Good morning BP.

As of this morning, WSJ Prime is 7.75%, so I would expect the rate to be over 8% at the very least.

We are planning on getting a partnership formed and just 50/50ing the down payment to assign 50%/50% equity on potential houses while dividing up roles.

So you take the "total rent" from all units and divide by the ARV.

Good Morning!

I've had a client tell me the morning of the close he didn't have the money as well. 

On the house hack, you can divide common expenses by square footage or bedrooms, whichever is more advantageous. 

Quote from @Sanjay Bhagat: God morning Todd, Thank you for the reply.

I'd be curious to see how the earnings were divided, I bet OP even got a bigger split than CM. there Is an easy answer for Morris he needs to cross complain against OP.. which I am sure that will happen soon enough.. however the fact remains Morris KNEW he had major issues years before this all blew up..  

I’ll have a little bit of work to do at the house before it’s rental ready your welcome to pop in and check it out or we can try and grab a coffee one of these mornings