Hey BP im trying to evaluate deals and i was wondering ... what do i subtract to come up with max offer i know at 65% i subtract my fee and repairs. do i subtract closing cost also ? what other fees would i need to ...
I own a 4400 sq. ft. house which has a 2100 sq. ft. guest house in Redding, CA. With the rising cost of electricity, I am considering solar. Also, because both buildings are on one meter, it kicks it up to Tier 4, the...
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%...
How do you calculate the PMI on a property using the BP rental calculator?
I'm using the rental property calculater here and I can't figure out if MIP is automatically accounted for when selecting the 3.5% down payment.I know MIP is charged both upfront , in the form of a one-time fee that i...
As a beginning wholesaler, how should I go about calculating the ERC so I could market it to my buyers?
Everything I read gives a good breakdown of why you should have accurate evaluations on a buy and hold property including, fixed cost and variable costs. What I don't see is the cost added to improve the property in t...
Hey Guys
I'm trying to understand a real estate calculation. I need to find the IRR for an investment where I have reserves to cover tenant improvements that are put into the deal when it's purchased. The re...
Recently, I have been doing calculations to help myself decide what a good deal would be on a few different homes. While calculating total return on investment I noticed my calculation of total equity accrued in one y...
Hello All,I am looking to finance a deal using a LOC for the down payment, then finance the rest with a mortgage. Essentially giving me 100% with zero of my money in the deal. The BP Rental Property Calculator does no...