Tekota Ruby
First major rehab analysis
15 August 2019 | 5 replies
It seems from this report that after you refinance, you have no cash in, making your ROI infinite.
Peter York
Cash Accumulation life insurance
23 August 2019 | 76 replies
Term used for this is infinite banking and it really does help.
Jessica H.
[Calc Review] Help me analyze this deal - BRRR
6 May 2020 | 1 reply
I'd say anytime you have an "infinite" cash on cash return I'd take that invest any day of the week!
Donte Handy
Cost of Changing Locks?
21 August 2019 | 71 replies
Side note: many big box stores sell sets with a knob and deadbolt together, plus they are labeled with a key code so you can grab others on the shelf to match them all.
Lawrence Gillett
Sell or rent our first home?
28 May 2019 | 10 replies
The return on investment is infinite since you used zero of your own capital.
Scott Bell
What to do with a property
26 May 2019 | 14 replies
The return on investment is infinite since you initially used zero of your own capital.
Ibn Abney
BRRRRR.. 100% cash back, 35% equity, $400 net monthly w/ pics
27 May 2019 | 28 replies
Win win winYou've locked down a nice investment, with an infinite return on investment.Your tenants have a nice place to live in.The neighbors and HOA should appreciate the work you've done.
Hunter McCook
Tips for a young guy trying to make it
4 May 2019 | 7 replies
With the others you will have to pay taxes on interest earned, but your income bracket is currently low.Below are some links to more information.Solo 401k:https://www.biggerpockets.com/forums/51/topics/404427-setting-up-a-eqrp-vs-sdiraWhole Life Policy:https://www.biggerpockets.com/forums/432/topics/530823-infinite-banking-concepthttps://infinitebanking.org/about/https://cashflowbanking.com/faq/https://wealthfactory.com/rockefellers/book/
Josh Slater
How are you protecting the equity in your property?
12 May 2019 | 3 replies
No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE.
Kyle Wells
First Potential BRRRR Deal
24 June 2019 | 8 replies
I would be curious to get fellow investor thoughts on this potential deal I plan to make an offer on today.Purchase DetailsLocation - Kansas City, MOPurchase Price - $67,000Estimated Rehab - $25,000-30,000Estimated ARV - $135,000 (as high as $145,000)Estimated Holding Costs (includes hard money loan interest, property taxes, utilities, appraisal, inspection) - $7kTotal Out of Pocket - $20,400 (includes 20% down on purchase price and holding costs)Hard money loan covers 80% of purchase cost and 100% of rehab costs.Refinance Details:LTV - 75%Loan - $101,250 (this will leave us with $0-6,000 of our own money invested in deal including refinance costs)Estimated Equity in Property - $28,000-33,000Market Rent - $1,200Estimated Monthly Cashflow - $200-225/monthCash on Cash Return - 40% to infinite