Buying in a mostly owner occupied has a few more advantages long term.  

Being able to refinance out is just one of the exit strategies and its good to know how long you have to pay on the underlying mortgage to be able to take out the current obligation.

Once made, however, these loan terms are unenforceable unless this is a commercial property.

@Kyle Castle as long as your bank account(s) that you receive rent $ into and pay expenses out of are integrated to QuickBooks you shouldn’t need anything to bridge the gap.

{Phone}"I already know terms are crucial so I'm offering 0 down, then $99/month until paid off.

If you're invested with long term fixed rates, you'd be paying HUGE pre-payment penalties.

Initially intended as a long term hold How did you find this deal and how did you negotiate it?

Initially intended as a long term hold How did you find this deal and how did you negotiate it?

It helps determine if the project will meet the desired profit margins.CoC (Cash on Cash Return): I find this particularly important for fix-and-flip projects, as it measures the actual cash return on the cash you’ve invested, giving a clear picture of short-term profitability.Cap Rate (Capitalization Rate): While more commonly used for rental properties, it’s useful in understanding the potential income from a property relative to its price.IRR (Internal Rate of Return): This is a great metric for longer-term projects or those with varying cash flows, as it takes into account the time value of money.Some investors might overlook metrics like AAR (Average Annual Return) or EM (Equity Multiple) if they’re not as relevant to their specific strategy.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.