Purchase: $250,000 Cash to close: $48,750 (15% down at 5%, owner financing) Monthly Rent (one commercial space, one residential home, one studio-sized residence, 1 garage): $5000 Monthly: Tax: 1666 Insurance: 250 Vacancy (10%): 500 Repairs (5%): 250 TOTAL: $2666 NOI (5000-2666): 2334 Mortgage: 1141 Total Cashflow: $1193 CAP rate: 5.7% Cash on Cash: 29% I can also put my own business in the commercial space for $2500 of that $5000, which would raise the occupancy rate slightly.

I just did this and am finding commercial lenders are much more knowledgeable and easier to work with than residential mortgage "specialists" that tend to only understand lending on owner occupied residences (if you're lucky)

I don't have time to demo all the systems so I figured I would reach out to the group that would know :)My requirements are basically this:MUST HAVES:-- Ability to do multiple companies (LLC's in my case)-- Ability to track depreciation and do depreciation re-capture-- Ability to track purchase and sell and put items in the right area (expense vs balance sheet items vs adjusted basis items, etc)-- Ability to manage all kinds of Residential properties (SFR's through Apartments.

Another is Georgia Residential Partners in Atlanta area.

Seller financing of land that MAY allow a residence to be built upon it or any residentially zoned lot is covered under the SAFE Act.

At any rate I live in Moreno Valley California (Inland Empire), and I am a Real Estate Broker and I am looking to invest in all areas of residential real estate for now.

I wanted to resurrect this post to let everyone know that I passed my real estate exam yesterday, and have joined Pinnacle Realty Advisors as an agent.    

I am interested in becoming a buy and hold investor for residential properties in the LA region.

He built the #1 Exit Realty franchise in the country right there in Murfreesboro.

This real estate property type reverts back to the classic, 1980’s configuration of commercial mixed use, with retail at the street level and residential above.