Calculate potential cash flow, return on investment (ROI), and cap rate for the duplexes, considering all expenses.

I advise my clients to get a PML that will finance 100% of the purchase and rehab expenses so when the property is stabilized, we can treat it as a rate and term refi and use the new improved value from day 1!

Do you have experience to properly budget the time and expenses that come along with a rehab3.

If i can write off property management fees as an expense, can I pay myself (either as a sole proprietor or LLC) then write that off as an expense as well?

If my net income (rents- expenses and mortgage) is below $0 do I still have to file in Oklahoma? 

Not a joke, but my dad(who is a real estate broker) always said, "I'm an expensive cab driver, if I take you to the right place, I'll get a big fare!"

If you're going with a traditional HML, your lack of experience is going to cause some out of pocket expenses for you.

- Based on your experience, what should we expect for maintenance expenses? 

If possible I would want the amortization over 25-30 years.I know cash out refi is quite expensive with the origination fee and everything, early pay off could cost too or drive the rate up.

That's odd, because I could have pulled an extra $35K out over and above my out of pocket expenses.