But the number of people who cook only burgers is not 3 million.  

I had one property that was next to a Burger King Drive Thru.

I'd love to read from foreigners or othersthat succeeded doing it without a mortgage in the past, from HML,refinancers, and of you people with experience.Plan: For a $100.000 property, 80% LTV loan by a HML at a 10%"interest only" anual rate, then refinanced by a new loan at a 6%anual rate as soon as tenant stabilized.Asuming a 1% rule rent of property value, that would be 1000 a month,so 12000 a year Gross income right?.

So the above rule really needs to be applied to each persons own standards. 

In the end....there are many different nuances to this in which I can't explain while enjoying a burger for lunch.

In areas of say 100,000 to 200,000 median income 15 bucks an hour to flip a burger might be doable because the affluent can pay 15 to 20 for a burger.

There is a good one tomorrow evening  10-13-16 at the Kickstand burgers, 1101 central ave. 6:30 pm.

Does an exact 1% rule property really work when your are financing the property? I can’t seem to make it cash flow when I add in cap ex, repairs, prop management and vacancies. Am I doing it wrong? All seem to just br...

But you will for the worst burger you ever had.

Burger King.