Do the math for a 48 unit building.

I'm a rookie still taking bumps and bruises because I didn't do enough homework.

Hard money lending to flippers should get you to 30% annualized ROI without (hopefully) having to fool with property management, assuming 6 mth terms, collecting 8 pts up front per loan, and 14% interest (and zero defaults or other problems).David, can you explain the math when calculating the ROI of 69% and COC of 58%.

Hi Everybody-I'm brand new to the real estate investment scene... but have certainly done my homework over the past year.

I enjoyed math in school, but can't say I enjoy doing taxes each year.

Joey,Thanks for doing the math on that.

This is in part just a math problem.

From my math, I have determined that the foreclosure proces on its own eats 22 points out of a deal.

Bernard's Village, Inc. 117,750 AR Total 223,400 AZ Catholic Community Services of Southern Arizona, Inc. 284,100 AZ Total 284,100 CA Southern California Housing Development Corporation 397,000 CA ESKATON Properties, Inc. 400,000 CA Volunteers of America National Services 284,160 CA Total 1,081,160 CO Longmont Housing Development Corporation 399,000 CO Housing Sol for the SW 399,000 CO Volunteers Of America National Services 146,816 CO Total 944,816 CT Mercy Housing, Inc. 345,775 CT Volunteers of America National Services 108,928 CT Total 454,703 DE Martin Luther Foundation of Dover 196,606 DE Total 196,606 DC Victory Housing, Inc. 400,000 DC Total 400,000 FL Archdiocese of Miami $400,000 FL Miami Beach CDC 388,500 FL Total 788,500 GA Valdosta Deliverance Evangelistic Center 161,500 GA Providence Missionary Baptist Church 234,990 GA Salem Baptist Church of Atlanta, Inc. 344,615 GA Total 741,105 IL Ascension Development Corporation 308,070 IL Catholic Charities Housing Development Corporation 400,000 IL Accessible Space, Inc. 177,962 IL Total 886,032 IN AHEPA National Housing Corporation 221,740 IN Total 221,740 KY Christian Benevolent Outreach, Inc. 242,216 KY KY Communities Economic Opportunity Council, Inc. 137,487 KY Baptist Homes, Inc. 138,400 KY Total 518,103 LA Diocese of Lafayette 70,007 LA Calcasieu Council on Aging 69,830 LA Terebonne Council on Aging, Inc. 280,895 LA Macon Ridge Community Development Corporation 66,406 LA Total 487,138 MA The Community Builders, Inc. 400,000 MA Action for Boston Community Development, Inc. 400,000 MA Montachusetts Home Care Corporation 284,200 MA Total 1,084,200 MD Associated Catholic Charities 400,000 MD Total 400,000 MI Presbyterian Villages of Michigan 369,523 MI Lutheran Social Services of Michigan 228,291 MI Total 597,814 MN Accessible Space 296,767 MN Ebenezer Society 397,650 MN Horizon health, Inc. 213,000 MN Total 907,417 MO Community of Christ 374,880 MO Cardinal Ritter Senior Services 298,578 MO Total 673,458 NC St.

All the times I've done the math, good deals seem to have some positive taxable income even after all these deductions.If you don't have a loan, you don't get the interest deduction.