Of course that would change if there was a screaming deal where the numbers absolutely positively worked.My first house had a loan at 18% so the Int Rate alone is not a deal killer, but you gotta be careful because it will suck up your profits real fast.Can you sell the duplex and free up $150k cash?

Establish interest reserve for each loan so there are no non performing loans to report2.

Let's compare a $250,000,0 loan today versus two years ago.In America, the average person has a credit score of around 715 you’re looking at around 6.6% on a conventional 30 year loan.

Purchase price: $134,000 Cash invested: $44,280 This was a perfect house hack with buying a home as a primary residence using a 10% down conventional loan and renovating while living in it for about a year.

Purchase price: $134,000 Cash invested: $44,280 This was a perfect house hack with buying a home as a primary residence using a 10% down conventional loan and renovating while living in it for about a year.

I don't want to get into a loan paying double digit interest.

When you say Broker are you referring to the real estate agent or a loan broker?

We got a bank loan.

Our lender friend is making money off the split in profits rather than on the interest of the loan.

Hey Faiz, It will depend on the type of loan you do.