Interest is not accrued until funds are borrowed, and then only on the amount used, not the total amount available. 

That totals $59,500.  

I need to reach 6/15 with my place intact, no bs, no damage, and have her totally out by then.

The sellers currently owe a total of 128,500 on 2 mortgages (1st and 2nd), with a combined monthly PITI payment of 1150.

Your total debt will be in excess of 500k..

I'm totally with Lesley - each word is true.When I count numbers on multifamily vs SFH - it's twice better for SFH.

I just want to make sure I’m doing the right calculations.. for the cash on cash I’m doing the annual net cash flow/ total cash investment times 100 and for the cap rate I’m doing net operating income/ sellers price...Also what would be a good cash on cash return and a cap rate ratio

I’m just learning about this stuff and have totally immersed for the past two days.

I totally did!

—What is the max you would pay for a property where rents are $5,000 total, assume a 4-Unit and assume tenants pay utilities, renovated turn key.