Boom, buyer backed out even though their lender inspector found no issues.So how do you all deal with inspectors????

What's the most accurate Mortgage Calculator for analyzing deals?

Homeowners at risk of losing their property due to missed mortgage payments are often desperate to sell before the bank takes over.

The general rule of thumb for single-family rentals is the 50% Rule: that half of the rent will go to non-mortgage expenses.

Is the number under the "Mortgage amount" the remaining balance?

Add that they have bank financing as well and you are an unsecured creditor behind a lender....  

Purchase price: $443,000 Cash invested: $60,000 I've included the mortgage, a 5% rental vacancy rate, and a 5% capex reserve.

My tenants are still paying down my mortgages.

@Kat Prater I'm glad it worked for you, perhaps they are better as a Hard Money Lender, I was going for a 30yr fixed rate mortgage and we see how that worked.

@Allen Bannister first off, I'm a HUGE proponent of house hacking with a 5% conventional mortgage--I've done it myself many times, and it's arguably the BEST way to get started in REI, so good choice!