Credit score- the higher the best. 780+ generally gets best pricing for investment property loans with most lenders.

Purchase price: $225,000 Cash invested: $45,000 I built this duplex in 6 months on a plot of land my family owned in the summer of 2020.

Many investors from California are choosing to invest in the Midwest because of the low barrier to entry and yearly cash returns making more sense in these lower priced markets.

Especially in a city like Milwaukee where a lot of houses are between 60 and 120 years old.But we also have a chronic housing shortage, which is driving up prices and rents.

Yes, Pittsburgh house prices are 43% lower than the national average with a median price of $213K.

For example, on the flips we lend, this means Purchase Price plus Rehab Cost should not exceed 75% of the After Repair Value.

For example, did he buy a business vehicle that he depreciates on his taxes over time?

.)- 10% for future property management -10% for vacancy-10% for CapEx-5% for repairs and maintenance-5% for lawn and grounds keeping-0.5% of purchase price for PMI based on my credit score For a house hack, is this too conservative?

@Jonathan SchwartzIt is assumed that the NOI will increase relative to the purchase price of the property, therefore increasing the terminal cap rate.For example:100k NOI @10% cap = 1M valueA 3% increase over 10 years =134,392 NOI134,392 NOI on 1M value = 13.4% CapCommercial property doesn't appreciate like residential properties.

The lot can be split and another property can be built that would make the deal worth it for the right price.