And with shorter term io loans after you account for the cost of a refi every so often (assuming your keeping property not selling) you actually may be cash flowing less.

The acquisition cost, rehab cost, loan cost (private money guy, he'll probably want a monthly IO payment at minimum for those 2-3 months)... along with the ARV and what you could realistically get in cash-out proceeds with a refi once the project is done.

And don't forget debt assumptions like interest rates, IO periods and refinances. 

I think they are really great utility vehicles without having the truck gas prices. besides nothing tricks out like a wagon throw some rims and some tint (there I go again)since I o

The spread sheet would provide i/o amortization.

I'm playing around with iOS development and wondering what folks would think about an app to run their real estate business.  

I've had nothing but problems logging in on iPad ever since BP decided to add the chat feature (bandwidth hog). Can't post and system grinds hopelessly. Now on PC.Anyone else have similar experience?  It's kept me off...

(when using BP iOS app)No dates or ability to see when something was posted sometimes generates confusion for me.

Edwin, this note would be invalid in resdential under the SAFE Act, as I/O are not allowed.

OK, interest only (I/O) means that there is no amortization, so that at the end of the loan period there is still the original principle balance remaining.