Break Down example: Loan amount 100,000 (30% down payment)50,000 to buy property40,000 for rehab10,000 utilities, insurance, taxes, closing cost, etc.

Oh gosh lets do this, I have been so eager to get the advice I need from a physical group, I'm in whatever I can do to help I will, my wife wants to use our VA home loan for a personal residence, but all I can think of is utilizing the home loan and investing for our future, I neeed a meetup.

She includes utilities cable and internet.

Gross income minus PITI, PMI, and all other operating expenses like cap ex, repairs, vacancy, landlord utilities, etc.

Another gotcha is if you the landlord pay utility bills for the tenant included in the rents.You could have no water leaks and the utility company decides to go up 10% on the per gallon usage rates for water and sewer now that they think the economy is doing better.

We're looking at:$58k purchase price$20k renovation$100-110 ARV$850/month rent.After monthly expenses that leaves me with roughly $160/month on a $35k investment (850 - 50 for insurance -100 Taxes - 85 for vacancy - utilities.

However, Reg D compliance actually protects the issuer as it is a safe harbor, the issuer utilizing a non safe harbor private placement exemption subjects his offering to interpretation by security regulatory agencies.All this is of little concern to the passive participant as long as he obtains full disclosureWhat is of more concern is the licensing, if any, needed to broker, manage, and service notes.Purchase of existing notes, whether residentential or commercial requires no license.

@Marty Hietsch Its north of Boston I'm not sure if that makes a difference, but yes PM me and I'll send you my number@Chris Weaver Its raw land with no utilities or sewage, but theres quite a bit of land so I think multiple houses will likely be built.

Taxes, insurance, vacancy, repairs, CapEx, shared utilities, lawn care, snow removal...At the numbers you provided, you are looking at a potential Cap Rate of 11% (assuming 50% of Gross Scheduled Rent goes towards expenses).

You can use a utility knife to cut.