.: Quote from @Jay Hinrichs: having been a back room vendor for Montelongo  Vertucci  rich dad poor dad.I got to interact with hundreds of students.. its like anything RE related only a little worse than say RE agents .. 20% of RE agents make 80s of the income

You can Host Finacial revenue tool to get an average of the income.

- The property is probably NOT as profitable as you think it is.More reality for you - how are you going to cashflow enough from leveraged rentals to replace your current income?

I would like to build a duplex on it for long term rental income.

This aligns with my interest in passive income.

If this were a Real Estate secured note,  a note broker or flipper might offer you up to about 65% of the remaining balance whereas an investor who is building passive income streams week offer up to about 90%. 

Just make sure the bed/bath count is correct as it can affect the income drastically 

Due to the university there I worked with a lot of incoming families and getting what they needed for their dorms.  

Westchester, although one of the hottest markets, has a ton of upside with opportunities for both cash-flow and equity. 2-4 family properties in Westchester are the 2nd most affordable in the NYC Metropolitan area (next to Suffolk County) making it easier to find cashflow opportunities when compared to the boroughs and other suburbs like Nassau.A client of ours in Westchester recently purchased a < $800K 2-family with a detached 3-car garage which brings in additional rental income - from a local business owner with commercial vehicles.

My other SFR notes have interest rates determined by the borrower's cash, credit score and income - so market rates or higher.I understand the difference in performing vs non-performing notes and that performing can become non-performing pretty easily.