The ONLY 3 Ways to Finance and Analyze a PadSplit rental (deal analyzer included)

[@Easyservice-x8q]

Your video is very nice, I liked it very much

[@RyanFerguson369]

Hi, Fernando. When buying a first deal, would you ever suggest using a gap lender to pay for the down payment?

[@Itsfernandocorona]

Personally, I don’t. It’s a bit risky unless you plan to refi them out and have equity or other cash to back you up. You don’t know if your initial investment into padsplit real estate model will be positive, how much in repairs, if you’ll have evictions, etc. stuff happens in real estate all the time and it’d be difficult to make your numbers work if you’re 100% leveraged unless you can back it with your personal other income then it’s fine cuz you can bank roll any issues. If you don’t have a choice cuz you don’t have the money or the income, then I would put a clause that says you’ll give them equity if ever you can’t pay them back to protect them and yourself.

[@Davecampos15]

The link for the spreadsheet is not allowing me to make a copy

[@christianstill.6654]

is CoC the same sas cash ROI?

[@Itsfernandocorona]

CoC stands for cash on cash. yes, its the same as cash ROI or coc return. simply put, how quickly do you make back the money you put into the deal in cash.