Break-Even PointYou've calculated that it would take 34.5 months to break even, which means after almost three years, you'll start benefiting from the lower payment.If you're planning to hold the property long-term, say 7-10+ years, then it might be worth it to buy down the rate, as you'd have a lower payment for the remainder of the loan term, giving you more savings in the long run.2.

Calculate the costs of the loan and the entire project and calculate your expected profit.4) Make the offer on the one you feel best about and off you go!

You could take this time to take a break and qualify for real estate professional status while your wife continues to make great money.As far as the estimating paper losses that multifamily would produce if the strategy is worth it from a tax perspective, you would want to use a cost segregation calculator.

If my calculations are correct, I will be paying about the same with the current rents in place.

Is there a good calculator to determine whether it is financially better to rent it or sell it?

You'll learn much better if you understand how things are calculated and what they really represent.

They know their rate.The stock forms from my CPA include a tax comparison page that makes it easy to calculate the effective tax rate and compare line items year over year.

BP offers a calculator that you can use, or just use a basic excel spreadsheet, or even pen and paper is fine.Decide what you want to invest in....Flips, rentals, development, STRs etc...In terms of finding deals...you will have to put in some work.

They have calculators, guides, etc. 

I have done multiple calculations and it seems like that market has great cashflow... in the summer.