Holding debt is really the way to go.Oh, you really want to be a landlord, sell and take some of that capital to buy a rental property. 

The one i currently do a lot of loans with lend on 1.1% of the debt service. 

However, when you sell it, will the assessor consider the additional square footage in the assessed value or only use the permitted square footage? 

Also, BP have a lot of books you can learn about different strategies, study them and find out which ones you like more and find the right market for it.In addition to that, I would listen to podcasts about real estate investing to learn new strategies, market conditions, rehab, partnerships, financial possibilities... and speaking of partnerships, that would be a great way for you to learn.

Examples might be a change to the maturity date or additional funds loaned.

Happy to address any additional questions! 

An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they can require an interest rate cap at a rate threshold that helps ensure the borrower can service interest payments comfortably, limiting the risk of non-payment in a rising interest rate environment.Floating interest rate debt has 2 components:✔️ Benchmark Index✔️ SpreadBenchmark Index + Spread = Total Interest RateThe interest rate cap will set a maximum threshold for the index used.Let me know what questions you have about interest rate caps below!

Then the remaining balance of $3250 can be paid out over the remaining five months of coverage at $650/Mo.My plan is to pitch this offer to my potential client with 2 months free of coverage and 2 free monthly visits included in our contract agreement, saving them an estimated $3000 or more in additional expenses.

This is in addition to the security deposit and pet deposit.

The only debt we have a 20 year loan I took out (16 years remaining) left for home renovation with about $35k remaining at 8%.