All Forum Posts by: Vicente Kaipat

@Steve K.😆🤣

I have a software that I use and gives me cash buyers that bought home in my state but their address is out of state. To me they are absent cash buyers. when or if I find a property from a motivated seller and we have it in contract and my intention is to wholesale the property. what are my steps to complete the sell to an absent cash buyer?

I put up an add on craigslist to see if I can lure in cash buyers for my list. One of them wanted to know where is the address of the property on my add. Is it ok to give out the property address if I have not secured a contract with the seller to any cash buyer? I'm a newbie and I need guidance. I'm just thinking that all the time and effort I put in to scout and find a property that I can wholesale will be compromised and a buyer comes along and scoops it up when or If,  I give away the location of the property. please advice

http://www.biggerpockets.com/blogs/2075/blog_posts/16479-top-5-reasons-to-invest-in-real-estate

LADIES/GENTS: Here is the link where I got this information from.

http://www.biggerpockets.com/blogs/2075/blog_posts/16479-top-5-reasons-to-invest-in-real-estate

I'm having diffuculty understanding this calculation. Please help me with the underlined numbers.  If you purchase the same $100,000 property (in point 3 above) but get an $80,000 loan at 5.5% for 30 years and put 20% down you now have a monthly payment of $454 per month leaving you with $213 per month in positive passive cash flow ($8,000 / 12 months = $667 - $454 payment = $213).That means on your $20,000 you are making $2,556 per year or a 12.7% return on investment instead of an 8% return on investment on your $100,000.