Hi Scott - I am a Realtor in Reno and depending on what your looking for, might be able to help. 

I know this depends on the deal itself, but are there any general guides as to how to pay the investor(s) via points or equity?

Home prices put buying out of reach for many Americans and gen Z is choosing to rent over buy at record rates in part because they prefer a more nomadic lifestyle.Hold your ground and rents will begin to tick back up in 2024.Cheers,

With that being said, depending on the wholesaler, the deals they bring you can vary...They can bring you good/great deals.

The carrying costs on a larger property will be significant depending on where you buy.

Hey @Anthony ZottoRate is going to heavily depend on leverage and credit score.

@Alex GoldenshteinIt depends…..

Thus, need to multiply $120k by the expense ratio (generally understood to be 50%, although it can vary depending on property) before using it in the cap rate formula.Using your example …1% rule: Gross annual revenue would be $10k * 12 months = $120k … as you said.Missing step: Net rents are $120k * 50% = $60kCap rate: $60k/$1M = 6%So, a 6% cap rate is the same as the 1% rule.This is roughly speaking of course.

Hello BP, I'm currently shopping around mortgage loan for my first house hacking purchase.Currently I have couple options for mortgage program from a few lenders and I'd like to hear advice from you to choose the best option for me!

Also, there could be fees on the renters side, depending on their bank card.