Calculating numbers for a House Hack is essentially the same as if your were buying and holding a SFR.

It is typical to buy the land at about 20% of the end value of the property you will build and sell. 

So essentially, what you're suggesting is using my card to pay off my car.

Hello folks,Can someone share with me, what would be a typical or fair fee to charge for assigning a contract dealing with a wholesale deal.

The current financing on the first two is a typical 30 year traditional loan at 80% loan to purchase price and a rate of 4.99%. 

In my marker a 1% property would lose money every month.. you typically need higher return the lower the price, many expenses are the same or minimally different, regardless if the house is $20,000 or $200,000

You need more than just a payment.... investments typically need 15-25% down per property plus closing costs so that's usually what another 2% or so.

While listening to podcast #283 (which you should listen to in case you haven't), Paul mentions that when he wants to buy a house, he sends the homeowner a three-option letter of intent with the following options: Cash offer (percent of what property is worth minus repairs, typically 50% of after repair value, this is the lowest value offer of the three that are given)Owner financing (interest only, this is a higher offer)Owner financing (principal only, no interest, this is the highest offer)Option 1 is easy to understand, the ones I don't know how to apply are 2 and 3.

Our commercial lender typically offers a max amortization of 25 yrs.

I'm going to do my best to make sure this doesn't turn into a typical buy cash vs leverage debate.