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1 July 2024 | 7 replies
They provide several financial spreadsheets, calculators, and other document resources as well.In addition to their Academy, they are more well known for their turnkey business.
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29 June 2024 | 6 replies
The income (or less) will be calculated off step 1 and step 2 of this form: https://content.enactmi.com/documents/calculators/Form1038.C...
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29 June 2024 | 8 replies
Biggerpockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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29 June 2024 | 3 replies
Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.
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29 June 2024 | 10 replies
Seller Financing:Your original loan was $355,000, with a current balance of $310,000 at a fixed 3.5% APR for 30 years.Monthly payment on your original loan (assuming standard 30-year fixed terms) is approximately $1,593.Under seller financing, the buyer's monthly payment for a $400,000 loan at 4% interest (calculated as a 30-year loan but with a 5-year balloon payment) is approximately $1,909.Monthly Cash Flow Spread:The difference between your current mortgage payment ($1,593) and the buyer's payment to you ($1,909) is $316.
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29 June 2024 | 13 replies
BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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29 June 2024 | 11 replies
Join Biggerpockets Pro for the $400/year and use their calculators to do deal analysis.
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25 June 2024 | 2 replies
I would like to find out what are some good websites with calculators you use to calculate rebuild cost, so I have a better idea which replacement value is reasonable.
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29 June 2024 | 4 replies
Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.
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29 June 2024 | 8 replies
Take a look at the return on equity calculation.