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what is the amount of income you have to have to secure a mortgage loan for 180k? Also what would your debt to income ratio need to be?
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We are trying to buy a short term rental, and need a good lender. The lender needs to understand cost segregations / accelerated depreciation on our tax returns. I appreciate your help! Steve
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FNMA starting today will require reserves to be calculated differently than in the past. Previously they counted a certain number of months PITI for each property as reserves. Now they will use a percentage of the U...
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Hi All,
I am new to Real Estate investing and would love to get some advice on what courses are available to help analyze deals, run numbers, etc. Are there any courses, books, or online training anyone recommends?
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I think there's a problem with the calculation of "total cash needed at closing" because this resulting value seems waaay too high. Of course I could have easily flubbed the numbers on the input side... Please help! V...
I am a brand new investor and am pursuing a multifamily 4 unit in Lancaster close to the hospital. B neighborhood. 2500 square feet. It is listed at 268,000. Taxes are $4000. 3 out of the 4 units are tenant occupied...
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Good evening,Looking to make my first purchase and jump into multi family, please let me know what you think of these numbers.View report*This link comes directly from our calculators, based on inform...
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I have the opportunity to get a cash flowing fully rented tri-plex with seller financing for my first deal. Its an opportunity that could bring numerous other leads and I don't want to mess it up. It is in great shape...
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With the BRRRR strategy, do investors expect to make $100 - $200 pre tax cash flow per door and pull out ALL the money that went into the deal including; closing, financing, holding, and soft costs? Or do they expect ...
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I have a client right now who I am helping to get financing to re-finance a six unit property that needs extensive work at 0% occupancy.
Step #1 We calculated the pay off amount.
Step #3 We estimated the rehab costs...