My partner and I have made several (at least 10) offers on separate properties in which we believe would be ideal for our buyers. Our process is gathering the ARV and MAYO and beginning our first offer at 80% of MAYO...
As a hard money lender wannabe I'm trying to figure out what formula to use in determining loan amount.
I'm thinking: the lessor of 65% ARV or 80% of purchase price. Is this too restrictive? Should it be 65% ARV on...
Hi everyone,
I am new to investing and am looking to buy, rehab and hold my first duplex in Chicago. Right now I am confortable with properties that need cosmetic rehab. However as a first time buyer I'm not sure ho...
Hello, My name is Aaron and I'm new to Real Estate Wholesaling. I've been studying up on it the past few weeks learning how to calculate ARV, How to find Sellers, Selling to Cash Buyers, I contacted a Title Company, e...
I want to set up an excel spreadsheet to calculate my IRR on purchasing a note.
I have on the spreadsheet how to set up the loan terms to spit out a payment for each period (1-360). I'm looking for the forumla that w...
I am on the fence on signing up for this course: https://courses.propertymetrics.com/join/iaf/I'm in a highly active and regimented education-focused period right now and one of my big interests is leveraging some per...
Hi folks - Long time lurker, but infrequent poster. I'm learning about HMPs, and would love for you to chime in on this deal. Price: $795,000Community Type: All agesNumber of Lots: 22Current Occupancy: 86% (19 Mobile ...
Hi, I'm trying to get a ballpark estimate for replacing plaster walls with new drywall in a 1200 sq ft house. 1st floor is open layout, so one big room with kitchen and living area. 2nd floor has 3 small bedrooms an...
I have spent hours looking online (including on here) at the CoC calculation as well as the ROI calc. Here is my understanding1. Cash on Cash Return= Annual (before tax) Cash Flow / Total InvestmentQuestion: Does the...
https://homeland.nwaoftexas.co...
Hey everyone, I'm actively looking at deals right now and I need help analyzing this one right here. I believe it's a good deal for a flip but I wanted to ask the BP community on the...