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All Forum Posts by: Benjamin Mercier

Benjamin Mercier has started 1 posts and replied 3 times.

Post: New... Need help with calculators 9 duplex deal

Benjamin MercierPosted
  • Flipper/Rehabber
  • Posts 3
  • Votes 0

Post: New... Need help with calculators 9 duplex deal

Benjamin MercierPosted
  • Flipper/Rehabber
  • Posts 3
  • Votes 0

Calculator results

Lets see if this link works........ just tried on my phone and it does not work. The link works on my desktop. Not sure how to make them work for the phone. 

I have forgot about that on commercial properties. This is 9 duplex houses all separate houses the broker said this "Go with Low Down (16.7%) HUD/FHA 35 Year Low Interest Fixed Loan"

The price is high but i am more interested in seeing if i am running my numbers correctly.  Also another question under the fixed landlord-paid expenses are all of those per month? 

Post: New... Need help with calculators 9 duplex deal

Benjamin MercierPosted
  • Flipper/Rehabber
  • Posts 3
  • Votes 0

Hi i am new to bigger pockets and real estate investing trying to learn as much as possible. I am currently working on my first flip looking to have it done in August. 

My question is with the calculators i have been using them to run numbers but i want to make sure i am entering in the correct numbers and making sure i am analyzing deals correctly. Here is a 9 duplex (18 unit) 3.4M deal that i ran the numbers on. The numbers show a high negative cash flow. I want to make sure this is correct. 

Also i see some people are using 20% down and some say you need to put 30% down can someone explain to me why they are recommending 30% down. 

https://www.biggerpockets.com/buy_and_hold_results/1123850.pdf?c=1560388484