I recently found the BiggerPockets Rehab calculator and that has been helpful in assisting me to figure in other costs when putting together a deal.

Subtract the $20K investment of purchasing the NPN + $2K in attorney fees for servicing/documents on the high end and I've just netted $49,300/$22,000 = 224% ROI.I can take the $71K and buy 3 new assets now and then those three turn into 9 assets, etc....This is why I love the NPN business and not just traditional owner financing/lending.  

I've just always heard of it or thought of it as "buying a multi and living in a unit".

I have been renting out my home to extended family for the past 2 years making ALL the mistakes 1st time landlords usually make.I've kicked them out and am in the process of cleaning up the damage they've caused and renting it out to someone new.I've been thinking of buying more rental properties seeing as how I feel I can handle it.I recently found a deal on craigslist in my area...if I had to give it a grade...I'd give it a D.

I've just realized that on-the-ground realities often matter more to your outcome than the specific financing structure.

I am looking to do an FHA and live in one of the units but was curious to see what kind of obstacles I could face with the commercial unit at ground level.Hey guys, I've just started the process of trying to convert a single family into a triplex in South Philly using a 203k.

I recently found one that cost around 1.6m and will earn 26k per month. 

Any insight or help would be greatly appreciated, I have a family of 5 relying on me, and I've just been spinning my wheels all year trying to figure out where/what I need to change.  

I've just set up some keyword alerts!

Hello, BP'ers,I recently found the podcast which led me to the website, and here I am!