Real life example: $18,435 debt service (includes mortgage, taxes, ins) and $32,355 net operating income would leave a DCR of 1.75 Cap Rate is Net Operating Income divided by Purchase PriceCap Rate can be great for looking at larger multifamily buildings with sophisticated buyers/brokers.

Depending on the condition and location of the property, the cap rate in your area may be 5% or 6%, but ask a local realtor that does commercial deals.

House is in almost perfect condition because it has been vacant and she's kept it up to date. 

The best bang for buck are those laptops with a 256gb SSD drive and long battery life. 

I currently work Full Time at Life Time in Chanhassen, so I'm planning to start out part-time (mainly so my partner and I can use the MLS and can earn more when selling our flips).

Relationship building with key team members for me (Insurance guy, lender, contractor) has made my life 100% better.

Cap rates depend on property class, location, and general market conditions.

I’m wanting learn more about apartment investing and leveling up my life in general.

Specifically, if you’re looking at seller financing, assuming buy and hold investing, comparing the 2 offers below 1.Seller Finance: $250K, 5% down, 30yr @ 2.5% = $11,261 yearly debt service2.Seller Finance: $184K, 5% down, 30yr @ 5% = $11,260 yearly debt service Over the life of the loan, the total cost is the same, the only difference would be the ratio of interest to principal in the total payment.

You can fix most problems with a little time, but if don’t have enough cash to float you by for a little while things get a little stressful and quality of life goes downhill real fast.