This places you in the third tax bracket, with a 22% rate.

Great time to for multifamilies rents are high rates are dropping and values will continue to climb for 2024!

Our strategy is to improve the property and raise rents above the HUD rate. 

Enjoy it in good health!

I don’t see the sense in paying off my own house at presumably low interest rates, and exchanging that for a higher rate, variable interest line…unless I have a really good plan for not losing my house.  

Just look up amortization schedules, and fill in the blanks for:  principle, interest rate, term. 

In my mind, it is simply a hurdle rate.

I basically wanna know the rental occupancy rate in that area.  

I'm curious about how they are able to convert your business credit cards into a cash line of credit while avoiding the high balance transfer interest rates.  

Here's a bit more in detail about how rates are calculated for DSCR loans:1.