Sam Rios
cash on cash return
Hi, I just want to better understand how this works....when figuring the cash on cash return, the figures on the mortgare/ points / and closing costs, are these figures coming out from the seller side of their finacia...
Rick Strobel
Thinking about starting a flipping blog, but unsure about sharing too much?
Getting close to doing my first flip. I think it would be cool to document my progress - firstly for myself and secondarily it might be useful. I'd probably mimic 123flip.com. I really like that site.
I'm ...
Robert Walden
Seller Take-back of Renovation Costs in Bridge Loan
I'm exploring a creative financing technique where the Seller raises the agreed-upon $60,000. sales price of the property by my $15,000. estimate of repairs. That will qualify me for a bridge loan with a 75,000. minim...
Francine Lopez
Hello BiggerPockets!
Hi everyone I am Francine Lopez and I am a newbie no experience and little knowledge in Real Estate but I recently read a book and was intrigued by what I learned. I knew that this is something that I would love to lo...
Ryan McEnroe
How do you determine how much reserve cash to keep on hand?
I'm buying my first triplex and I definitely want to save all profit for the first year or so to pay for repairs and such. How should I figure out how much is enough?
Shiv Jey
Midwest 2%-ers goldmines
It's been over a year since I started. I read all the books and thought this should be easy...And it is...sorta. Finding deals is by far the hardest part for me.Multifamily is so ridiculously overpriced. The deals ...
Colden Brown
Greetings from the Houston Area
Thanks to Kenneth for "setting me straight" LOL! My name is Colden Brown aka Mr. Brown. I work for a Fortune 500 New Home Builder and I'm tired of the effort being expended yet not compensated amicably. Yes my Prof...
Lawrence Paul
Extra Cash - How to spend effectively!?
So, I currently have two rentals that are both cash flowing and a primary residence that I will be moving from and renting in roughly a year (Total of three rentals in a year from now and a primary).
Mortgages are 35...
Austin Faux
Help w/First Rent to Own Purchase
So I'm about to setup my first sandwich lease option and I'm reading through the paperwork that the seller/optionor/lessor will sign and I was wondering if you could help me read the legaleze. There's a few clauses t...
Michael Sanchez
Understanding Hard Money
Hi, I am trying to understand Hard Money investing. I have done flips before but used my own money (precrash). So my question is how does hard money work? It seems a little to easy and too good to be true, but I belie...