David Collins
[Calc Review] Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.Hey everyone! I just went pro and I am running the numbers on a deal my father and I are looking to take...
Jim McMillen
can you help with this scenario........
What do you think of this hypothetical deal. Would it be good?
Purchase price $46,000
Down Pymt: 4,600
Mortgage: $41,400
Principal/Interest payment: $275 (30 yrs at 7%)
Gross Rent: $600
Operating Expense: $300...
Tommy C.
How to use DSCR on a mortgage for an STR?
Hey BP!I need some help from the pros with my question here: How can one use DSCR to qualify for a mortgage on a short term rental property with no trailing 12 month income? (i.e. new builds)I understand that in a typ...
Bryan Blancke
Engineer from Michigan
Hello BP Community!I am a new investor. I have been listening to the podcasts and reading up on real estate for 3 months now. My initial strategy is to execute a buy and hold for cash flow with a focus on multifamily ...
Avi Lang
Hi I am New and Questions about numbers and a listing i got to look at
Hi All,i am New to the real estate investing and i am learning now i am realing j scott book on flipping house taking me a while to finish but i am getting there. as i am reading i also reached out to a real estate co...
Suresh Kannan
Happy Sunday!!!Deal Analysis
Dear Members,I am in the process of creating my spreadsheets with the various expenses, income and formulas for cap rate, NOI etc.,Just wondering this is already present somewhere in the site? and don't want to re-inv...
Thorney Gibson
First property
hello all,I'm finally looking at buying my first property. I've ran the numbers using the BP calculator and they are solid. 15% cap rate and a 15% cash on cash return. My question is and I believe there is some debate...
Bette Hochberger
How Property Taxes Affect Home Affordability
Prospective homeowners, consider property taxes when budgeting for your home. They can vary widely and significantly impact the overall cost of homeownership. When calculating what you can afford, factor in these taxe...
Account Closed
First mortgage loan advice? sent papers in today!
The loan officer said my numbers were tight with my income being a waitor and all but after she ran the current tenant living upstairs rented at 625, she said that made a huge difference and should get in. I also have...
Stephen Brown
What are your general guidelines for expenses?
Hello all,I know that expenses vary on several factors and are different for every property. For example, you got to call an insurance agency to get a quote, rehab and maintenance will be different based on age, size,...