If you evaluate the weighted cost of capital as 3% for your principal since that's what you'd be forgoing, then the equivalent interest rate on your $90k is nearly 7.5%.((650K*3%)+(90K*7.5%))/(740K)=3.5%To say it another way, you'd be better of borrowing that $90K with any other loan option charging interest up to 7.5%.

Or I see something like a scenario where one that was rehabbed with stone & tile & the works would sell below listing after a month on the market while one across the street that wasn't updated and was otherwise equivalent on paper would sell for significantly more AND would sell in 2 days well ABOVE list.

Asking the owner to hold a second note combined with 10% down.... this whole strategy is the equivalent of asking a model chick to go out on a date at taco bell expecting to get laid on the first date. 

I remember, however, reading a Fed study that asserts buying a home is a better investment as the implicit income, being equivalent to the rent of the same property, is tax free.

But this is typically the case until you become a managing broker or that state's equivalent.

I prefer candidates with good credit (over 600 minimum), no evictions or judgments, clear criminal background checks, equivalent of 3x income, etc.  

A 10+ cap rate with a price tag under $500K and minimal rehab is the multifamily equivalent of a unicorn in today's market.

Hello All,It seems like evaluating action properties may be the equivalent of two FT jobs.

I tell people who know fixed income securities that tax liens are the equivalent of a "fixed rate, variable maturity, zero coupon instrument".

You can probably purchase the equivalent in LV for around $300k in Summerline, and it would be even nicer than OC.For investment, you compare all the numbers, and look at your ROI.