Abimael Rivera-Lopez first off, thank you for your service.

If you self service, than you would need that license. 

Thank you for your service. 

Property taxes are usually taken up front to front load the escrow account as a part of servicing the mortgage.

In your case $ 1.125,00The great thing about  calculators is that they’re blind to local markets, our attachments, emotions or bias.Generally you need to experiment on which wheels you need to turn (price, debt service, down payment, terms, etc.) to make the deal work.

Your rate will be about 7% And you will need a debt service coverage of 1.25 or so.For this to work, you need to Richard at 70% of current value and then make improvements which should add $3.00 in value for every $1.00 spent.Additionally, if you cannot promise the investor that you can get the refi, then you will probably need to sell the property to someone who can.

Set up payments with a loan servicing company to collect PITI with the payor paying the fees  and requiring the payor to carry a home owners policy naming the lender as the mortgagee/additional loss payee.

From there, you should be able to speak to anyone in the loss mitigation or loan servicing department, once authorized.

As I’m just starting the cash flow analysis, I use the HELOC and it’s rate calculate the debt service.

The equation is as follows, COCR = Net Income / Initial Investment The net income here takes the NOI and subtracts the debt service payments from the loan.