
11 July 2024 | 15 replies
I will continue to buy in CO due to the overwhelming positive factors that come with owning homes in CO; Appreciation, strong demand, location preferences, long term trends of CO housing market and strong rent increases.

12 July 2024 | 155 replies
What were your key factors that made you purchase in Nashville, TN?

12 July 2024 | 17 replies
I moved here from Florida after looking at all of the driving factors this market has.

11 July 2024 | 24 replies
Oceanside, located in North San Diego County, has become increasingly popular for STRs and offers a more affordable entry point compared to its southern neighbors.Given your flexible budget and preference for a condo, there are some factors to consider.

7 July 2024 | 19 replies
You can get discounted REO deals from $50K to $100K with a potential ARV from 20% to 40% or more depending on many factors.

11 July 2024 | 6 replies
In my experience having mutli-family properties have not been a factor in getting a loan for a single family.

10 July 2024 | 4 replies
Health, focus, will, and determination, along with a lot of other factors, will make Boomers want to exit.
9 July 2024 | 7 replies
What if I am not only looking to do quantitative analysis but want to consider some factors that are more qualitative?

7 July 2024 | 7 replies
Easiest way to look at this generically would be:Proposed mortgage payments + any other monthly payment you haveYour monthly income + 75%*long-term rentsThis always needs to be less than 50%, and of course other factors would influence your ability to qualify but this hopefully will give you a way to guesstimate the feasibility.
9 July 2024 | 1 reply
However they haven't had any other offers and it has been on the market for roughly 70 days.At the accepted offer rate our mortgage would estimated be:Year 1 - $5231Year 2 - $5750Year 3-30 - $6292Each of the 3 units would rent for an estimated 2-2.5k totaling roughly 6k-7500 per month in income depending on what we can rent each unit for.So with all that being said, conservative numbers the triplex would cashflow roughly 1k per month assuming we don't live in it and have all 3 Units rented.That seems like razor thin margins, especially when factoring in expenses so my question is:What is the cash on cash net return per month you would look for in a triplex deal like this?