What calculator House Hack/Rentals/ I don't know

[David Richardson]

Hey guys,

I am looking to move to property and distance myself from the Portland area. I found a large property that has three homes on it. All are rented out. One at 750, 850, and 1300. I would move into the largest home. My rent collected would be the 1600. What calculator would I use because this entails three properties and I would reside in one. Also, I would put down 150,000 and the owner would then owner finance the property. Any thoughts as well? I have never attempted anything like this. Oh, property is listed for 420,000.   

[Ian Crist]

Hi David,

I might be able to help you build out some projected numbers here. Are you planning on getting a normal conventional loan to purchase or what will be your financing?