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15 August 2024 | 9 replies
@Bear Naisang $38k with 5% down equates to a $700k purchase price.So, why aren't you buying another primary that you can then rent out when you leave?
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14 August 2024 | 11 replies
the answer is because this is what professionals do and it's the price of admission to really establish your real estate business properly from the outset.Having a lien, loan, etc. on the property does not indicate personal liability exposure to real property because being the borrower on a loan does not equate to holding legal title on the underlying property.
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13 August 2024 | 4 replies
The reason for that is because based on your post it seems that you may not have considered other things in the equation to factor during your cashflow (e.g. capex, opex. etc.)
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13 August 2024 | 4 replies
If you already have a preliminary site layout showing the size and quantity of buildings you can put on the lot, you should be able to take that work on some budget construction costs and from there work your possible rents into the equation to see if what you have drawn makes sense cost wise, or if there is a more efficient way to lay the site out and reduce costs.
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13 August 2024 | 14 replies
Please explain to us how the definition of a "forcible detainer" below equates to an evition?
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15 August 2024 | 57 replies
That equates to $3378/month of appreciation.
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20 August 2024 | 452 replies
I can't speak for every title company in the country but they should be ok with that part of the equation.
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8 August 2024 | 2 replies
Hello BP Community, I know I'm missing something (Or actually just flat out wrong) when trying to figure out this math equation of Mortgage (Principal and Interest).
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8 August 2024 | 2 replies
Hello BP Community, I know I'm missing something (Or actually just flat out wrong) when trying to figure out this math equation of Mortgage (Principal and Interest).
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19 August 2024 | 3705 replies
I would say that you need to be very cautious in asking this question, the reason is this is the "HOW" part of investing which in my opinion is the 2nd part of the equation.I think you need to focus on the first part of the equation which is the “Why”.