Current gross rents are $2865, and with 20% down, the PITI cost would be around $2300.

For example, you are underwriting that your NOI is going to be around 70% of your gross scheduled income.

So gross profit is about $20k.

I paid my acquisition specialist 20% (in this case $2,000) and I gross $8,000What made you interested in investing in this type of deal?

If I understand you correctly, your suggestion is 1) to borrow against the equity in the properties (100% from the beginning) at a rate of say, 5%, then 2) invest those funds into the market at say, 7%, and make a gross of 2% on the borrowed funds. 

Gross Domestic Product.

Congrats for following the right steps.I've found that sometimes applicants that don't meet the income requirement report their take-home pay, not their gross pay, so we will ask for paystubs. 

In OR and Portland-METRO, just some items:1) 2009-2010 we were pushing 10% vacancy no price drops, just flat average2) 2009-2010, very few transactions and the ones that got their hand forced by the banks did sell for < market value3) Gross dollar volume in 2020 will be << half of 2016 (the peak year in Portland).4) I still see some price increases, but not at the rate of 2011-2016.5) Vacancies rates are still <5% and any other type of CRE would kill for that6) Rates are getting close to 3% for normal dealsSummary - I'm not seeing a collapse in pricing, but probably flat for the next couple of years here. 

All have similar requirements for seasoning, but the standard rule of thumb is that you can count 75% of your gross rental income to offset your debt.

Gross rents $300k+.