Sean Spear
Foreclosure and General Info
16 September 2020 | 2 replies
Ill look up the basics today.My wife stays at home, but I have supportive grandparents who may co-sign.
Cody Hahn
looking to network with investors in San luis Obispo, ca
11 February 2018 | 3 replies
Im still learning how to use BP so if you could message me your contact information, ill give you a call.
Zack Clopper
Creative Down Payment for 6 unit....Good deal?
6 December 2017 | 5 replies
@Matt Conrad ill have a better idea this weekend when I view the property as far as how old everything is in the home.
Sean Rhodes
Is this triplex going to cash flow?
22 May 2018 | 3 replies
well, ill take an amateur stab at this, im getting into this game and i like numbers, 425k with 20k down means a 405k loanlets assume an interest rate at 5% and 30 year loan term, 5k yearly taxes and a PMI at 0.5% and we will assume that insurance is 1500 yearly, PMI = 168.75 MnthlyInsurance = 125 MnthlyTaxes = 416.67 MnthlyTotal = 710.42Principal and Interest = 2174.12Total Payment Mnthly is 2,884.54now you have rent at 1250 @ 3 Units = 3750 Mnthly3750 Income - 2884.54 guaranteed expenses (expenses that wont fluctuate) means you will have 865.46 leftover after those expenses, out of that 865.46 you have to account for landscaping, sewer, water, trash, maintenance, whatever else you may have to cover utilities wise, my recommendation is that this would be a very bad investment, say you broke even and relied only on appreciation to make money, when you factor in vacancy, which will undoubtedly happen, you are losing money on this deal
Account Closed
Is Using unsecured lines of credit right for me?
3 June 2018 | 15 replies
Feel free to private message me if you want and Ill share my experience and cards.
Liliana Ruano
Raleigh Property Mgmt recommendations (And Airbnb advice)
27 December 2017 | 5 replies
Unfortunately, she fell ill in November, and passed away on December 4th.
Brent Miller
Where to begin with 20k?
24 September 2019 | 4 replies
Or if you really want other suggestions just PM me ill assist.
Account Closed
Just moved to Golden, CO! Moving my business with me!
18 January 2016 | 4 replies
Cool Ill be there!