Deborah Saddler, the information that I'm organizing at this time is more based around RE definitions and concepts, as opposed to formulas in Excel.

But now that the house is done you get a renter in there and get a lease in place and now you can get a 75% cash out refi based on new value. 

When it's tenant occupied and time to refinance, would the commercial loan be based on the 700k total?  

NOI is what it is, and is property-based for easy comparison.  

I am a 21 year old investor based out of Brooklyn, NY w/ two investments properties (payed off mortgage) that I manage and I have been pushing forward and researching and reading and learning as much as I I can about real estate.

Each area has pros and cons based on why you're investing and the life resources you are able to allocate.

Hi @Annie Balagot - I'm a broker, investor, landlord, etc. based in NYC & Westchester. 

Currently based in Madrid, Spain, I'm looking to invest in real estate in Miami.

I am hoping to find a more simple / crude (maybe) way to engineer a deal that simply holds the final sale until after the owner's title converts to the irrevocable trust, but based on the terms agreed to today. 

Unless it is a double wide on land, then the land is what would make it valuable.