Joyce Chi
question first 1st purchase!
1 October 2021 | 1 reply
OR we can finance it with cash (in the form of heloc or hard money), rehab it, and cash out re-fi at 75% LTV after 6 months with estimated ARV close to 450k , that will allow us to recover about 90% of total cash invested, we are leaning towards the cash route, but want to run in by the more experienced to make sure we are not missing anything.
Chris John
California Rent Relief - Any recourse?
10 December 2021 | 20 replies
Hey allI apologize if I missed this.
Michael Carges
I need to make a decision quickly! Advice?
7 October 2021 | 13 replies
Rest due at closing) You can look at it anyway you want, but while you're looking, don't miss these financial facts:1- Cost to you = $63,6802 - Profit = $20,0003 - Remaining Cost not recovered = $43,680 (you don't make a profit until you recover all your costs, so the $20k "profit" in Item #1 isn't a profit...unless you think going to Vegas with $10k in cash, increasing your cash to $15k, then losing $30k is somehow winning $5k)4 - If, as mentioned above, you can get $350/month ($4200/yr) in rent...which if you were breaking even before, you would now be cash flowing $4300/year.5 - Unfortunately, that means it will still take you 10+ years (all being perfect) to recover the rest of your cost.6 - Still not a good deal...at all.
Lauren Akins
Analyzing properties and can't make sense of some numbers
8 October 2021 | 4 replies
I've been building out my own, but I feel like it is missing some key pieces.
Darren Rosten
Looking for feedback on rental calculator
1 October 2021 | 0 replies
I know there are tons of excel sheets out there but would love some feedback on the one I made because I know I am for sure missing some things.
Lesley Whitley
Do I need a new lender? BRRRR refinance only on purchase price?
4 October 2021 | 14 replies
Am I missing somethiing?
Bennie Leija
Some Appraisals are unqualified and do evaluate properly
3 October 2021 | 16 replies
You need to prove on paper that there is a major COMPARABLE missing or square footage is wrong not the cost of items, or there is a big mistake in the facts NOT the cost of construction.
Adam Sherwood
How to find the right tenants in East Valley Phoenix?
4 October 2021 | 2 replies
Any things I missed?
Forest Rainwater
Who has invested in Gatlinburg?
4 October 2021 | 4 replies
I got stuck in paralysis by analysis and missed the ship.
Brett Bloxom
Add Short-Term Tenant to Long-Term Lease
2 October 2021 | 0 replies
Am I missing something obvious?