10 / Epilogue 137 With the purchase price at $155,000 and $15,000 down, I could carry $140,000 at 9.5 percent, which is $1,177 per month. See Figure 10.1. Because the payments on the underlying first and second mort- gages would be at $1,000 per month, I would have $177 per month in cash flow. Furthermore, by staying in the middle of the deal, I would collect one single monthly payment from the buyer, a concept that is very easy for the average person to grasp. Hindsight is always twenty-twenty, but take away an important lesson here: The more you learn, the more you earn! FIGURE 10.1 How I Could Have Saved $1,000 and Made a Bundle Seller $125,000 @ 9% 1st Mortgage Investor $15,000 @ 5% 2nd Mortgage $140,000 Wrap @ 9.5% Buyers . 4 ⁷⁄₈ 7. 40 4 .77 18 ⁷⁄₈ 19.56 17. 34 4 ¹⁄₈ 7. 46 4.85 18 ¹⁄₈ 19.63 17. 42 4 ¹⁄₄ 7. 52 4.92 18 ¹⁄₄ 19 .70 17. 51 4 ³⁄₈ 7. 59 4.99 18 ³⁄₈ 19 .77 17. 60 4 ¹⁄₂ 7. 65 5. 07 1,8 ¹⁄₂₈ 19.85 17. 69 4 ⁵⁄₈ 7. 71 5.14. 17. 69 4 ⁵⁄₈ 7. 71 5.14 18 ⁵⁄₈ 19.92 17. 78 4 ³⁄₄ 7. 78 5.22 18 ³⁄₄ 19.99 17. 87 4 ⁷⁄₈ 7. 84 5.29 18 ⁷⁄₈ 10. 07 17. 96 5 ⁷⁄₈ 7. 91 5. 37 19 ⁷⁄₈ 10.14 18.05 5 ¹⁄₈ 7. 97 5.44 19 ¹⁄₈ 10.22 18.14 5 ¹⁄₄ 8.04. $ 177 per month in cash flow. Furthermore, by staying in the middle of the deal, I would collect one single monthly payment from the buyer, a concept that is very easy for the average person to