Here are some data based on my simulation;1st YearGross income: € 10.368Total expenses: € 2.552NOI: € 1.568Mortgage payment: € 7.159 (30year at 2.55% fix rate)Total cash flow: € 657,00Cash ROI 65,70%Equity accrued: € 3.373Total return: € 4.030Total ROI 403,03%Capitalization Rate 5,18%GRM 13,98DSCR n/aTax rate in Italy at: 26%

I'm more than happy to write off any coffee expenses I might accrue in the process as well!!

I have been buying apartments and condos since 2008 and I have been fortunate to accrue 5 units (3 town houses and 2 homes) since then.

I absolutely thought about somehow getting the money to buy my brother out because we were earning almost 3000 a month and the mortgage including escrow was only about 800 a month (and i have people for repairs so they aren’t too expensive), but the woman who was in charge of the duplex (living trust) while we were too young didn’t pay taxes and let the account accrue an escrow shortage and we started having to pay over 1800 a month just to catch up.

Even if it's a high interest rate and points, you hopefully only own for 6-9 months, try to get accrued interest so you don't have to make monthly payments.

I would structure the interest rate as a preferred return that accrues if there's not enough cash to pay.

I count them as part of my general overhead, and accrue them against the property specifically if I buy it.  

The HELOC works like a credit card that is using your property as collateral (although the interest is not calculated like a credit card as it will accrue daily).

What I know currently is since it is all roth contributions and earnings and the account is over 5 years old that it should not accrue the early withdrawal penalty of 10% from their website and video posted on their website.

With a HELOC, you can maintain a zero loan balance until you find the right deal and then draw from your HELOC (at which point you will start accruing interest).