Johnny Paramo
First time investing tips and help!!
I am looking to buy my first rental property in west Texas. I have come across a duplex that is going for $160,000. The appx rent per unit per month is $925 for 676 sq ft and the other is $900 for 664 sq ft. I have al...
Connor Mather
BRRRR a turn key property
Hi everyone,I am interested to know if this strategy would work. I have a turnkey property owner who is willing to sell me their property worth 250k for 200k meaning I have 20% built in equity. Can I use hard money/pr...
Samantha Miller
Pondering the DTI Ratio...thoughts?
Just a thought, and curious as to others' thoughts on this as well...I've been thinking about the DTI (debt-to-income) ratio used in lending decisions. For those unfamiliar, lenders typically will not lend to a borrow...
Al Norman
[Calc Review] Please help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.This is our first deal and we think the deal looks good but we would like some veterans t...
Kris Walker
First Deal
So as the subject says I finally have a deal that might get me off the fence. It's on a 3/1.5 townhouse that I am looking to flip. Take a look at my numbers and let me know what you think. Take it easy, I'm one of ...
Josiane Calderone
Need honest brutal opinion !!!!
Hello BP I live in the Los Angeles area ( West Covina ) and want to get my foot in the door with real estate. Properties where I live for a 3-1 SFH are valued at about $550k. I found a property that needs tons of work...
Brian Stuart
Determining Fix and Flip ARV
Good afternoon BP.
I am looking to get started flipping houses, but am having a little trouble figuring out ARV. I have done research and run the numbers on practice properties in more established markets, but am ha...
Sean Honeycutt
Debt - Really Good or Bad?
Okay, if this is the wrong forum I apologize. Anyway....I keep reading articles saying that you get better returns if you take out a mortgage. Of course it makes sense that a $300/month profit on a $20,000 investmen...
Donnie Britton
Converting our primary residence to income property & mortgage for new purchase
We are in the market for a step up SFR, currently in a townhome. Our goal is to convert our current home to a rental give a mortgage for the acquisition of the new property.The financing institution will accept 75% o...
Victor B.
DSCR Terms to minimize cash investment
Hi BP,I'm just getting started with RE investment, and want to control my risk exposure by not throwing all my money on a single property and keeping some cash reserves. To that end, I'd be interested in getting a DSC...