Did you use a calculator or spreadsheet, or did you simply work out the math like rental income minus PITI, 8% for CapEx, 8% for vacancy, and 5% for repairs?

So, do the math, spread out the risk, and you’ll be solid.PS: I own 30 properties and manage 300.

And it was simple math, the more people I spoke with, the more interactions I had, the more "hey, you should talk to so-and-so" I would get. 

For me it was math: I started looking at a portfolio risk rather than individual risks and your 30 year loans anchor my portfolio. 

@Chavel Diaz Jr>> You have to use your actual phone number from your phone or secondary phone.

Only a dozen or so made it to the workshop which was without doing the math around 15% of those who had paid for it.  

I wouldn't listen to those who say points makes sense if you like the rate because the answer is in the math.

Can anyone quickly share a math model of a the depreciation recapture scenario below?

Thats ALL RE is about, just math.

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions thanks for the advice guys!!