Hey everyone!I’m looking to purchase my first investment property and I’m looking at taking out $30,000 in equity in my current home to use as a down payment for a rental investment.I found a property close by that I’...
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*This link comes directly from our calculators, based on information input by the member who posted.Can some please let me know if this looks like a good deal? I'm trying to get the hang of this before i ...
Hi Everyone!I've been lurking on Bigger Pockets for a year or so, and cannot praise the site, and everyone's input/discussion, enough. It has been an incredible learning tool, and has really helped expand my overall k...
My lender provided me a rate of 6.375%. This is for a 20% downpayment. If I put down 25%, I can get the rate lowered to 5.75% (a decrease of 0.625%.This does raise my cash on cash return. Should I do the 20% or 25% do...
Hey bp! :) I've been learning as much as I can about real estate for the past year or so and finally have the opportunity to do my first legit deal. I will try not to make this a post about the details of the deal bec...
Hi guys,
My money partners are looking for a property that will generate them income when they are not living in Philly but will give them a place to stay when they are back in town. Looking to do mid term rental in ...
I am buying a 3 level townhouse as an investment property in Trenton New Jersey area and plan to put it on rent for a long-time
I am not a flipper, nor a professional investor but just a rookie investor(hence a littl...
Hey all,Recently, I replied to a post asking folks whether they track their net worth. Personally, I do track my net worth. However, far more important to me are my financial projection models (which include projectio...
I always see people looking for a specific number for their cash on cash return. For example, Brandon likes 12% or higher, and he calculates this by taking the annual cashflow divided by the cash that is invested.My q...
I want to reduce my taxable income as much as possible. (Selling stocks and want to avoid long-term capital gains.)Maxing out the 401k is $18,500, standard deduction is $24,000. My question is, what does the bank look...