Combining the 50% rule for all expenses and the "2% rule", you get a 12% cap rate.

Oh, and don't forget the roof, which will likely be more than those three things combined...

That assumes during your Bachelor's you took some combination of stats, accounting or finance.

TD stands for "Trust Deed" or "Deed of Trust," which is basically the mortgage on a piece of property (mortgage is an old term; TD is the modern-day equivalent).First TD (which is what is implied here) means that if the borrower defaults, they are first in line for the collateral (i.e., they get the house before anyone else who might have lent money).10-12% is likely the interest rate they are paying to borrow the money.Points is a percentage of the amount borrowed paid up front by the borrower.Possible equity share means that the lender may get a portion of the profits, in addition to the interest on the loan and the points paid upfront.So, basically what this is saying (assuming the person speaking is the borrower) is:"We borrowed money at a 10-12% interest rate and the lender is first in line to get the house if we default.

As you can imagine, combining the discounted gift card idea with 10% coupons leads to HUGE savings.Another idea that I have implemented is to buy a Macy's $500 gift card for say, $350-$380, then go back to Macy's and trade it in for ten (10) $50 gift cards (or 20 $25 gift cards).

I mentioned farmland, prime farmland with a good water source, land that was not denuded by modern chemical farming, land that was near population centers (who are you going to sell to?)

I have located a duplex in a transitional neighborhood that is presently rented on both sides, with combined rents of $900/month.Through my credit union, I believe I can get a 2-yr ARM at 3.75% for 30 years.

Doesnt make sense to me then, we might as well just use our own cash.I am hoping to leverage the properties, but since they don't want to lend on them alone, has anyone had luck combining cash with free & clear property to get the collateral up?

Maybe the combination will be successful.

His talk was geared toward tax reduction strategies for higher net worth investors, combining tax strategies with asset protection and estate planning.