Im reading the BRRRR book right now and its talking about the 1% rule and how you can use it as a guideline to see which areas to invest and to save you time on going deeper into a deal.
Im not 100% sure how you woul...
2% - 50% rule Question
Hi folks, I have heard this rule this week for the first time (THANKS) and have been reading all the forum posts I can find about how it is used to screen etc. Will bevery helpful in convinci...
Hello everyone,
I have been looking into getting information from banks in regards to a business credit card. My plan is too use a business credit card to be able to put a down payment on a property, using seller ...
I hear a lot of people on BP talk about that the best they can get for financing is typically 80% LTV. A local bank I work with will loan out 85% LTV on 4 units or less and 80% on 5 units or more...here is the kic...
I'm currently active duty military and am having to move next summer. I purchased my house last summer and have built around $80k in equity. My only hesitation on keeping the property is that I'd be having to manage t...
Folks - I am running some numbers on listings and have the following question regarding cash flow versus cash on cash. Brandon advises a rule of thumb of $150/unit. I have also seen him advocate something greater than...
My gf and I are in a situation where we have the option to choose between FHA or HomePossible. In either cases we would be putting 10% down and planning on refinancing out of mortgage insurance in about 2 years, after...
My brother and I own a duplex in South Florida with both sides currently rented out. We currently owe about $15K on the property and Redfin estimates the value at roughly $650k.So we have a good amount of equity we'd ...
Hello All, I am a new member and looking to buy my first real estate property soon. I have a question about the process of analyzing deals for my first property. After reading a few articles, mostly here on Bigger...
My wife and I are currently building our home and have encountered a financing issue that we are trying to figure out. Without going into detail, we were forced to "mutually terminate" our agreement after it took him ...