@Cam Schwartz Hi Cam, would you share your spread sheets with me as well?

Quote from @Susan Maneck:  I'm sorry it is not the Dems who are banning books, but since you think the problem that led to communism was the spread of ideas, I can see why you would find books dangerous.

Your goal should be to have performance cap rates at 7-8% on something with a market cap of 5-6%, which gives you a healthy 200 basis point spread from the going market rate. 

I returned a few days later to find that he had spread gravel across the front yard and under the front porch!

I wouldn't shy away from a second lien position if there is enough spread to cover my position even if the property goes down 20% in value.  

Instruct the cleaner to close the room off and do not take anything out of the room to prevent the spread of bugs to other areas. 

It appears there may be a built in bias in the spread between acquisition and sales price by appraisers and underwriters.

@Chris Seveney My Original Spread was this..$395,000 + $70,000 (repairs) = $465,000 - $50,000 (down payment) = $415,000 + $10,000 (fees) = $425,000 Loan$610,000 ARV - $425,000 = $185,000 (minus 3 months of holding costs & fees) so I was feeling pretty good about the purchase.  

Duplexes, triplexes, or small apartment buildings allow you to generate more rental income while spreading the risk across multiple units.

Your loan will be capped anywhere from 65% ARV to 75% ARV and that will depend on lender, credit, experience, deal spread, risk.In that deal cap you have guidelines like borrower can get 80% LTV is their experience is X and credit is Y, and they can get 90% LTV if their credit is A and exp is B.