Do the math and that is 24% annualized per deal and 48% annualized for both and you are using the same line of credit.

This "hey here's another that meets our criteria, let's buy it" approach led us to do all the transactions outside of any corporate structure.Some back of napkin math says that next year when we fully realize all our 9 units of income personally will be quite interesting.

I’m trying to practice calculating the math of a multi-family deal by practicing step #2 (Practice The Math) from Brandon Turner 8 simple steps to get started https://www.youtube.com/watch?

I did not work with any real estate professionals, agents, lenders, etc. that I'd recommend to others, if you have done all your homework, all the i's has been dotted, and all the t's has been crossed there is no need for any real estate professionals, agents, lenders, etc to close the deal.

We caught on, and thereafter, we ask him a question, tell him we have no idea what he's talking about, and had him do our homework for the rest of the semester so he won't look stupid.Sorry, I'm too old now to fall for that.

Where does your math make that a short sale?

I've been doing all this homework on Multi family and have been focused on that with minimal/marginal deals out there.

Some back of the envelope math below...Looking at Waltham comps for 4 and 5 bedrooms SFR's.

from my math I have about a 30k difference total debt to income that’s holding up my approval for another loan on a second property!

If you don't mind sharing the space and the math works then DO IT!