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Updated over 4 years ago,

User Stats

57
Posts
67
Votes
Meghan McGill
  • Accountant
  • Summerville, SC
67
Votes |
57
Posts

Analyzing deals / Calculators

Meghan McGill
  • Accountant
  • Summerville, SC
Posted

Hello everyone! 

I'm really green and just getting started. I'm listening to BP daily and exploring their website as well as following the FB groups. I'm currently doing a cash out refi on my primary in order to have funds to put down on my first investment property. While I'm waiting on the loan to close, I would like to start practicing analyzing deals. However, I can't seem to find a resource that explains what I should be calculating and how to calculate it. Can someone direct me to a great resource? My plan is to buy, rent, and hold, but I am open to other opportunities as well and would like to be well versed in the calculations for all options. Currently, the only one I'm familiar with and can calculate on my own is the 1% rule, but I know there is much more to it that that one rule.  TIA!

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