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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...
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Looking at a triplex. The sale price is $195000. Each unit is 2 br/1 bath. All units are currently being rented at $700/month. All units have new flooring, appliances, toilets, showers, heating, A/C. Still waiting to ...
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How do the number calculations apply for a property that I will be living in as well? Does getting a bargin still matter since im living in it? etc...
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Hey All,
I am trying to comp some fourplexes. I have always been told that we treat these like SFRs and not like commercial multiunit properties. I will assume it is still wise to do a financial analysis, b...
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If you have 50K to invest what option is better? Option 1 - Buy a rental property of 200K, with 50K down with 30 yr mortgage. Potential Rental Income $1800/month, after mortgage/tax/HOA, cash flow is $550. Option 2 - ...
Hello Biggerpockets! So I am just getting started on my real state journey and I came across this 3 bedroom 2 Bathroom house in my area thats selling for 70,000. I did the four square method for calculating COCROI and...