For this I’ve taken the payment amount of the second loan and included it as an additional monthly expense.

We have an LOI accepted on a property where the seller is going to carry roughly half of the 25% down payment.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

So you pay for it with a credit card and when the bill comes you make the payment.

I'm guessing for the down payment?  

Your payment went up $1,000/mo but the taxes only went up $5,200 which would be less than $450/mo.

Thank you and be well-ShawnT Buyers aren't necessarily interest rate shopping they are shopping for affordable payments.

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.

do not use a line of credit for a down payment. 

You can read the full story in our self storage post for that location.