Ben Parrish
6 units, Midtown, Memphis 38104 - financing advice needed!
10 November 2021 | 7 replies
I would use $700 per unit as rent for your initial calculation - I'm assuming you aren't going in there on day 1 and raising all rents to $800?
Allen Gross
I had an idea, but not sure it is a good one....
28 October 2021 | 15 replies
I would hate to be generous and find out my gift was taxable for the tenant.
Ryan Beal
San Diego Newbie Looking to Get Started
8 November 2021 | 6 replies
I also don't know how to calculate the atv after upgrading the property, so I certainly need to learn how to make sure the numbers work.
John Puma
29 And Want To Buy First Investment Property
27 October 2021 | 1 reply
I have approx 34K in 401K, 31K in a Roth Ira, 17k in a Individual Taxable Investment Acct, 13k in cash reserve, 5k in individual stock picks, 10k in BTC/ETH.
Jose Bordes
Hard Money Draws on a reimbursement basis
28 October 2021 | 8 replies
This totally messed up my calculations because now I have to come up with the rehab costs even though they say they will reimburse.
Holly Sarria
LOOKING FOR INPUT FROM BP LENDER COMMUNITY
28 October 2021 | 2 replies
The DTI number should have been calculated in 15 minutes from when they applied and sent taxes, and offer choices.
Ashley Johnson
Determining Investment %
29 October 2021 | 4 replies
Hi BP Fam,How do you all determine what investment % to use when calculating your deals?
Ryan Mitchell
Mobile Home Park Deal - looking for advice
26 May 2022 | 7 replies
Also, if you do a quick Frank & Dave Calculation, you're at about $500k at a 10 cap (just based on lot rent, # homes & who pays water).
Joshua Sun
20% down with 4% interest or 25% down with 3.5% interest?
28 October 2021 | 5 replies
You or your lender should be able to calculate the interest savings over the life of the loan if you choose 3.5% vs 4.0%.
Gabe Goudreau
Understanding Internal Rate of Return
3 November 2021 | 3 replies
IRR is basically a return where the timing of cash flow is taken into consideration in its calculation.