It is the only calculator of its kind to help you determine: if househacking is a better investment than a traditional home purchase, how long to hold onto the investment before selling, how long to live in the property, and which unit to occupy.If this will be a traditional rental property investment (not a househack), select ‘renter’ for all units under the Summary Tab’s ‘Property Information’ section.Metrics used for the deal analysis:The purchase price is based on the median sale price - $1,450,000 Unit bed/bath counts are based on the median 5 bed/3 bath counts for sold Astoria 2-family properties this year.Projected rents are $3,200 and $3,900 respectively as shown in our median rents for 2 bedroom and 3 bedroom apartments.Not included in the analysis is ADU income.

While I have made the property substantially better, and in turn am collecting good rent, I am limited in what I can do going forward with respect to ROI, and there are always expenses that can be made/issues that come up.

Be conscious of people's time and be respectful of the work your loan officer/broker is putting in to get your deal to the closing table.

You will need to know the respective market you are interested in inside and out so you don't buy a bad deal.

He is a very knowledgeable guy and I really respect him.

Corporate Veil: Courts tend to respect the corporate veil (the legal distinction between the LLC and its owners) more when the LLC is properly formed and operated in the state where the property is located, reducing the risk of personal liability.4.

Maybe a year or two goes by… but with a little age comes more respect… and maybe you partner with one of your new found real estate people and do a deal together.  

@David Butler I appreciate the respectful disagreement, and I can see where your point of view is coming from.However, as you mentionedher “included statements about having the money to purchase 2 years later and never could have had that if she had to pay off the debt”, there’s no way when she filed for bankruptcy she could have possibly known how much or how little of her debt would be discharged (they don’t always allow all of it to be discharged) and that she would be able to start saving so quickly.

They gross ~51k and ~60k respectively.

I guess if agent informed seller and you that your respective EMDs were never received, then they’d be covered.