@Zach Denny Did you ever put your deal together, if so I'd be curious what the bank required on CLTV and if you had to source the total down payment (PP-First Loan) then apply seller second, or if the bank let you do all that at closing functionally making your DP = PP-First Loan-Second Loan.

Over the years I have found that relying on the integrity of a tenant is often a costly error on my part.

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Just to confirm on the duplex, you're getting a total of $2,600 per month in rent, is that correct?

Investment: $124.2K; ROI: 73%/year; 10-year equity: $1.46M; Total cash return: $1.45M. 10-year equity multiple: 10x on $124K investment.

While the location is great, parking is an issue, and can really only accommodate about 4 - 5 cars total at time reasonably. 

I got 3 total in 2024 from Airbnb. 

Our market heavily relies on the universities event calendar, so wanted to weigh in here on some recommendations. 

total return from an RE investment includes value added, appreciation, tax benefits, equity pay down, and the cash flow. 

Price RangeDefine your financial boundaries based on available capital and borrowing ability:For Class A & B, financing typically covers 75%-80% of the purchase price, allowing you to buy properties in the $6M-$12M range if you have $2.3M total cash.For Class C & D, due to higher risk, the price range might be reduced to $5M-$10M with the same cash.5.