It will be at the current rate beating out the higher rate you may get if the loan had matured.I'm hearing in the threads that many are looking for the next deal and having to lower margins, in buy-n-hold deals doing that with higher leveraged transactions can lead to trouble (125% DTI), don't buy just to buy, make sure it fits in the portfolio and works with the long term plan.If you have acquired several properties and getting close to the secondary limit or other lending limits (loans to one borrower) you might look into a blanket mortgage with release amounts on each property.

The math is not that hard.

Same with condition, better location, quality of construction, a more popular style, lot size, being on sewer, or a comp having deficiences, but all of these issues can be justified in the market.Bottom line, secondary market, FHA, VA, USDA will require at least one comp being higher than the sale price, so if financing is involved look for a higher comp.

I just did some bar napkin math to compare the Conventional vs FHA options assuming a 30 year term and purchase price of $500k:Conventional Mortgage:Purchase Price $500,000 Down Percent25%Down Payment $125,000 Rate5.5%Mortgage Balance $375,000 Payment/Month $2,150 Interest Portion of Payment $1,719 FHAPurchase Price $500,000 Down Percent3.25%Down Payment $16,250 Rate5.00%Mortgage Balance $483,750 Payment/Month $2,622 Interest Portion of Payment $2,016 The FHA rate will cost ~$300/month extra in interest.

My quick math would be gross of 35,040, NOI would be 17,520.

Ask about potential deals, negotiations, repairs, math, whatever.

It's math, not emotion, that is dictating your offer.

OK, you're going to force me into doing math.

I am thinking of beginning with a low to middle income secondary city in my state with around 100,000 people.

The only issue that I have is with some of the math.