As they say, a dollar earned today is more important than a dollar earned tomorrow.

Am I on the right track or am I wrong anywhere in my numbers and thoughts.My last main question is, let's say a normal person like myself had bought this vacant land and wanted to build this new 2 unit.

As to assumptions, not mentioned, a commercial lender makes the loan to an investor then the investor does an installment arrangement allowing the assumption of the loan, the SAFE Act would then apply, so watch your "commercial" lending.I'd also say, as a past HML, credit did play a more important role in the lending especially in underwriting the interest rate and risks assessed.

I’m curious to hear what others say, as I am NOT an authority on these things, just flipped a bunch of houses for investors.

I would say a typical loan would be a 15 year adjustable rate 75% LTV fully amortized loan at prime + 1% interest rate.

Hi guys,I think I am starting to understand why Robert Kiyosaki always runs to buy a property when he has an income from his business.Please correct me if I am wrong in my example:Lets say a person makes 100K per year (for simplicity) at his/her W2 job...Lets say that person buys a 230K rental property.

Is this true or just something akin to say a Section 8 lease where if a tenant violates participation rules they can lose their voucher?

But if you know enough to supervise say a few roofers or window installers which is not hard once you do a few ..

I’m sure there are a lot of other factors involved with the slow down but our realtor did say a lot of homeowners she’s been showing homes to said their tired of grey and white. 

It's hard to tell from your post what help you need, but I'm happy to jump in if you will say a bit more