Nate Crump
General Business Loan Calculator
9 February 2017 | 8 replies
Basically, all loan calculators work on the similar mathematical formula: [P x R x (1+R)^N]/[(1+R)^N-1where P stands for the loan amount or principal,R is the interest rate per month [if the interest rate per annum is 11%, then the rate of interest will be 11/(12 x 100)],and N is the number of monthly installmentsAs you have all three figures i.e your total loan amount, rate of interest and the period, then you can easily calculate its EMI on the basis of above formula.
Gary West
Need Financial Math Guru to Help Set Goals
13 March 2014 | 42 replies
* paying off the mortgage with the lowest balance created the greatest cashflow & brought all properties to a zero-balance fastest (mathematically, this is not always the case, and you could easily find a counter-example if the purchase prices are very far apart)I really want to learn how you're going to amass 15 properties!
Tom Goans
Lose Your Competitive Edge With Debt
29 June 2013 | 64 replies
Mathematically, the statement that you can have more debt and less risk is incorrect.
Michael Spindler
Maxium number of properties (RMF)?
2 July 2013 | 13 replies
Surprisingly very doable mathematically speaking.
Junior Salters
Using Hard Money Lender to purchase SFH/MF unit as 1st rental property
2 August 2013 | 19 replies
Mathematically it only works were some form of forced appreciations is occurring...generally fix and flip in the sfr arena.
Sandy Hammer
2% rule won't work in my market - now what?
11 June 2012 | 35 replies
Excel or a financial calculator is essential and actually running the numbers on a prospective property is better than a rule of thumb.Anyone who cannot cope with mathematics is not fully human.
Daniel O.
How to get the best ARV estimate possible??
4 June 2012 | 5 replies
There are some more complex mathematical ways to calculate backwards such as using a Net Present Value calculation but if this is all new, stick with the easy math first.
Ken Sanders
Undercharged on HUD - 3 Weeks Later I'm Responsible???
17 November 2011 | 8 replies
It makes mathematical sense and made sense to me at the time.
Jon New
Loan Process
17 April 2013 | 10 replies
If during the interview the applicant said they make $50k per year, the origination team verifies that number against the collected paystub and tax forms and corrects the number to be mathematically correct to the supporting documents.
Theresa Davidson
Beginning NoteBuying
26 January 2018 | 36 replies
The mathematics then lends itself to us all having the same bids for the same assets.