We bought the place 4 years ago for about $1.3 million with a $650000 new first, 15 year at 4% fixed (btw, no personal guarantee on the loan because 50% LTV/LTC).

In the operating agreement it would stipulate the structure of the loan repayment and make the monthly payments.

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.

I am  finding lots of evidence of this elusive loan product around the BP forums, but have yet to locate a lender who will offers this loan type. 

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?