Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...

BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators

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*This link comes directly from our calculators, based on information input by the member who posted.Okay I figured out how to add the calculator directly to the post.  Just hoping my repa...

We found the deal, analyzed the deal, negotiated the terms so by the time we approached investors we were able to show them the offering.

The very first steps I would recommend though as a new investor is to get a handle on analyzing the income, expenses and ROI of these properties in Bridgeport.You can use the Bigger Pockets calculators to start.

When analyzing this deal, I used neighborhood comps and price per square foot as the primary basis for my valuation.

@Tiffany Watkins, easier to input those numbers into a calculator, there should be a deal analyzer right here in BP tools or you can PM me for a deal analyzer, also, add only that which truly adds value in the marketplace it is in, for example, if it lacks a garage in a neighborhood where a garage is expected, definitely the garage would add value.

@Richard Weinberg1) If you have a Solo 401k that supports a 401k participant loan you can simply take a 401k participant loan up to 50% of the balance not to exceed $50,000.2) The notion of loaning funds from your self-directed IRA to someone else (and vice verse) could easily be challenged as a step transaction where the step of loaning to someone else would be ignored and the transaction would be analyzed as a loan from your IRA to yourself which is prohibited.