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I have ~$70K dollars in equity on house 'A'. I would like to purchase a second property (call it 'property B') and then move into it. The median home value in Utah -where I live- is $345K. If I rent upstairs and down...
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*This link comes directly from our calculators, based on information input by the member who posted.I need some help understanding my total cash outlay vs my refinance loan. The calc says...
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I’m in process of selling a business and will have a large amount of capital. My goal is to have the least amount of risk with the largest cash on cash return. I'm looking at different real estate funds that will retu...
2 Family Building RentMortgageOther ExpNet Profit 1st Floor - Taxes 1,124 2nd Floor - Insurance 292 3rd Floor 1,500 Heat - 4th Floor 1,550 Water&Sewer 150 5th Floor 2,800 Electric 100 S...
Good evening all,Can I get opinions on the following situation: 2020:House Purchased: $225,000Down Payment: $45,000Loan Amount: $180,000Rate: 2.99%PITI: $1,436.63 2021: House estimated appraisal (estimated from comps)...
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I have purchased a 4plex in San Diego a couple years ago. It is currently barely cash flowing, but the rents with the current tenants that came with the property are so below the market value. I have been raising the ...
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I tried searching BP and google for a direct answer but could not find an answer about unsecured lines of credit. I plan on buying on 26k property using my Private Line of Credit (PLOC) from my bank and it will appra...
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Hello BP folks! My wife and I were just told abt a property that has come on the market. Love to get your thoughts. It is a 3/1 with a 1/1 ADU . The 3/1 is fully rented for $2900, with a lease just signed and the ...
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I have seen a number of post where members would like to undrstand why & how the BRRRR Strategy works. Below, I attempt to walk through the logic of How & Why (this is my approach - keep in mind with math you...
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Hello All,
Since interest rates are low, I'm considering refinancing which would reduce my monthly mortgage by 50% up to 67% depending on terms. Is refinancing the best way to increase cash flow for investing or is...