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Buying a flip for $161,000, hope to flip it under $20k and sell for around $225k conservatively giving me $45k in profit. Wondering, though, if we could somehow make this cashflow as a BRRRR. As I've been doing the nu...
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I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...
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New investor here trying to orchestrate my very first deal and need to do a renters analysis. What is the difference between Cash on Cash rate & Cap Rate? All advice much appreciated, thank you in advance
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Largest lotto ever in United States HISTORY!
http://www.megamillions.com/
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Do i calculate cash on cash return on the cash left in deal after refi or also on the cash I used to purchase the property?Here is a simplified scenario:100k to purchase and repair.Refi after 1 year; new loan amount 7...
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I am looking to refinance my primary residence. Our primary conventional we owe about 60% of the LTV. We have a HELOC for another 25%. So total our LTV is about 85%. I have reached out to at least 6 banks, some of whi...
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I am a new investor to the real estate business and to this site and I wanted to know if someone could tell me how many multi-units I would need to purchase and rent out to be able to be financially independent and no...
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Hi I'm curious, I currently have 3 units each "cash flowing" around 219 dollars a month each, I'm hoping to double that next year by getting 3 more units each doing 334 dollars a month then again the following year et...
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Recently purchased a condo (3/2.5, 1500 sqft) at a foreclosure auction.ARV - $105,000Purchase Price - $68,000 cashRents for - $1,200Repair Estimate - $7,000 (Flooring & Paint)Association Fees - $203/moTaxes - $907...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $15,000
Deal was brought to me as a seller finance deal. 6 Bed 2 Bath in the Jordan neighbo...