I'm sure it lessens the lender's exposure and helps keep apartment mortgages at lower rates.

On top of that, the 5% you pay on the mortgage, the interest is tax deductible and therefore, reduces the tax exposure on the 10% income stream.

Any broker with a sense of decency, and most of us are decent, will give him the bonus amount without taking a cut.

BTW mods, I wasn't sure which section this post belongs in.....so feel free to move it to an appropriate one if it will get more exposure and help some more folks out .

Another bonus is the ease of sharing specific documents or folders with someone else (CPA, lender, etc) if needed.

It's just a little bit of a pick-me-up.We are also adding a wall/bathroom to the upstairs bonus room, which should increase our rents by $500 a month.

Otherwise just call it $650 for analysis purposes and if you get more you'll feel like you're getting a bonus / reward.

This is not including any capex (repairs) you need upfront.If utilities are paid by landlord go 55% to 60% annual costs.Now with you living in one unit the plus is you get long term low financing but if you sell it's not really much of a bonus in a few years.

At this point, the only exposure to getting properties below market is thru auction sources.

There are profits at the end of the year and people at the top decide who gets what (raises, bonuses, etc).