Just look up amortization schedules, and fill in the blanks for:  principle, interest rate, term. 

I'm curious about how they are able to convert your business credit cards into a cash line of credit while avoiding the high balance transfer interest rates.  

In my mind, it is simply a hurdle rate.

Hi John, We bought a 2 Flat just now, Top unit is empty and 1st floor has a tenant with 60 day notice.

So we've got a return of 23% on our first and a return of 175% on our second.TL;DR - Are owning free and clear assets better than having high rate of return? 

So 6 or 7 would put you easily in the top 10% of the country by income, probably the top 1% in the world.

I would not start investing, creating businesses, or doing anything in life based on a unicorn example, whether it be real or imagined.I would look at the industry from the top down, figure out what realistic margins are, and see if I can gain a competitive advantage or beat general market returns by a few % points.  

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortgage left 155k, home value 330k, current interest rate 4.125% on conventional with 24 yrs left on a 30 yrmonthly payment with HOA $1600 pcmI am wanting to either1) turn this primary residence into an LLC and purchase another property to move into and start the process again with the aim being to rent my current house out on an annual 12 month lease for at least 2 - 3 years as I was told that as long as I lived in it 2 out of 5 years I can then sell without paying capital gains (though this confused me and anyone wanting to teach this to me like im 5 years old would be greatly appreciated).

Private investor from purchase price and most of the rehab with a lending rate at 2 points about prime interest rate.