If a property meets the 1% rule, it typically indicates that it can cover its mortgage and other expenses while still providing positive cash flow.35% Operational Expenses: This rule helps estimate the proportion of rental income that will be consumed by operating expenses, excluding the mortgage.

Also, you don’t need  $360k if the loan gets called; with a principal loan balance of $240k it would be more like $250k.Whether you do a wrap, sub to, or lease option when dealing with a owner occupant / consumer there are many legal “traps” to navigate because of consumer protection laws at a state level, and CFPB and Dodd Frank at the Federal level.  

I am in NJ, too, but I will not stay here forever either.

It's only natural to pass these costs on to the consumer, it's the same thing with almost every other product you buy.

According to the article in 2015 consumers lost ~$9 million from this fraud vs nearly half a billion dollars in 2022.A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home.

These partnerships will make me passively $100k per year forever within the next few years.  

I’ve come to terms that currently I’d probably break even once I move and turn it into a STR, but I would hate for it to be a break even forever.

Regulation Z does not apply to most commercial loans, and you do not have the same consumer protections as you would from a residential loan.

The big risk is being married to the REIT company forever. 

she though to her credit put those guys in Prison.Due diligence pump and dump and been going on forever.