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All Forum Posts by: Account Closed

Account Closed has started 55 posts and replied 492 times.

Post: Calculating cost of financing

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Ok thanks for the help

Post: Calculating cost of financing

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95

so for monthly cost you would divide by 12? Right.

Post: Calculating cost of financing

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95

Ok thanks

Post: Calculating cost of financing

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
How do you calculate simple interest just interest times amount financed?

Post: Calculating cost of financing

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
No it is just for a short term flip

Post: Calculating cost of financing

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Hi everyone, My question today is about mortgages. What formula would you need to calculate the yearly cost of financing for a flip? Would you just multiply the amount financed by the interest rate? Please help me, thanks!

Post: Good %profit in westchester/ NYC

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Thanks Shawn Ackerman

Post: Analyzing a deal to see if numbers work

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Hi everyone, My question today is for all of the real estate investors. What is a typically good %profit for a rehab? I want to know this because I am trying to analyze some deals and want to know if the numbers make sense. Please help me out,thanks!

Post: Good %profit in westchester/ NYC

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Please help me out to help me know what a good deal would be in my market

Post: Good %profit in westchester/ NYC

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Hi everyone, My question today is for all of the real estate investors in the westchester county and New York City area of New York. My question is what is the general %profit when rehabbing or wholesaling in these areas? I would like to know this so when I analyze deals I know exactly what numbers would work for me. Please respond, thanks!