You are making a lot of assumptions from the very little info you have written above.

The third party gets paid in order to negotiate in your shoes with the Seller, this is why a whole sale is typically structured as an assumption on a nominee contract

It seems here that you acquired a $600K property for payment of $100K + assumption of existing loan (was the loan even assumable)? 

Then you factor in an absorption rate for how long to get leased up and determine what IRR you want and price it accordinglyNo similar to if it was new construction / they don’t have tenants but our values.This is where garbage in equals garbage out - if you have solid numbers in proforma things will work it - if not and bad assumptions = bad outcomes

Defeating the whole purpose of assuming the loan...The loan servicer's assumption department wasn't open today to answer my questions; I want to get my offer in over the weekend.

Sorry about the unstated assumption in my reply.John Corey

You should also call up an insurance broker and see what insurance might cost you ($120 might be a good enough assumption for now).Once you have all of that, add up the monthly mortgage, taxes, and insurance, add any utilities you may need to cover (water at a minimum is typical in NJ, but maybe also lawnmowing and snow shoveling, if you don't write those into the leases).

Let's make the assumption that you won't buy properties in other locations and so you'll spend your time equally between Playa Del Carmen, Pattaya and Phnom Penh.If you buy, you'll spend $74,000 but you'll rent two thirds of the time, which will make you $56,975 * 2 / 3 = $37,983.

@Tenzin KunchokNext to colleges like wpi, assumption or clark.

I've just noticed not as many operators using a bridge product if they are planning on using agency, and wanted to either confirm or deny that observation.We have used mezzanize financing for HUD assumptions that are already somewhat mature, bringing the LTV down to 75%+-, but rarely on deep value add deals.