The principles are right there for you to see clear as day.

Also, if the senior liens are neg amt loan, then the owing principle might be higher than the original loan amount.Anybody bought second liens here?  

I would highly suggest in accounting for at least 10% for each property management, capital expenditures, and repairs on top of your PITI (principle, interest, taxes, and insurance) assuming that the tenant is paying all other expenses.

@Ian Ippolito no worries, your article was one of the few I've found that doesn't have tons of industry jargon while still doing a good job explaining the core principles of the issue.

I would bring the capital and we'd split equity 40%/60%  - my return at 40% with a full return on principle.  

I'm just announcing here that we're starting a new Meetup Group based on Biggerpockets principles in the St Louis MO  area. 

if you have the roll of broker ala CA. then you must take the PRINCIPAL BROKERS exam.. then you are known as a PRINCIPLE BROKER.. there are no agents in Orygun.. 

I liked what they said and half way through realized they totally used the same principles as heard on BiggerPockets and built mentoring, lead generation, operations, and support systems into the business teams they build within the franchise.I also have plenty of other things to do.  

Hello everyone, I'm trying to figure out what the best financial decision would be for refinancing / renting out our home and was hoping someone can help with some advice.My wife and I are purchased a townhouse in Aug 2008 for 205k and have paid extra principle to get down to 149k remaining.

You'd start off getting your salesperson license (i.e. agent), which entails 60 hours of course work called "Principles and Practices."