Derek L.
Analysis Feedback
3 August 2016 | 6 replies
Just determine the value based on comps. and rehab costs and subtract your profit plus cushion, that's your buy price.
Joe Ratliff
BRRRR Strategy risk vs reward
16 January 2017 | 3 replies
Other than that, if you buy smart and give yourself plenty of cushion to cover for the unexpected, the process should recycle.
Austin Dixon
What is my next move?
27 December 2014 | 5 replies
How will having a personal mortgage impact my ability to secure another mortgage and how much cushion in savings is recommended before purchasing a rental property?
Account Closed
First hard money loan fears??
29 July 2015 | 2 replies
That way you have your profit cushion to fall on even after you use your contingency
Cheryl H.
Newbie in Kentucky
12 March 2013 | 4 replies
My present thought is looking at fully rented multi-family units (to spread the risk of vacancy) with enough cash flow to build a quick cushion in case of vacancies, repairs or just to pay down the mortgage.
Ty Downing
50,000 line of credit
20 July 2015 | 38 replies
You'd be looking at flips with a total profit of maybe 10-15k, meaning very little cushion.
Devin Marlowe
Advice on run-down 11-unit multifamily in affluent area
18 February 2015 | 20 replies
You'll probably want to start a little lower in hopes of building in some extra cushion.
Thomas T.
Need advice on a second property
11 October 2013 | 13 replies
It also provides a cushion if you miscalculated something.
Mansoor Fazel
Im FINALLY here! New Member introduction.
8 July 2015 | 8 replies
I thought I was okay holding a note in 2nd place because there was a 15% cushion.
Oscar S. Holguin
First purchase may have left me dry
17 September 2018 | 7 replies
Once you have that cushion, you could try seeking out owner-financed deals too.