Hypothetically speaking, lets say I want to get a SFH out of state, which a property management company will manage. The selling price is 190k. I get these mortgage rates:20% Down No points- 4.75%--> Monthly princi...

I am looking into getting a hard money loan for the first time and was wondering how to calculate the interest to make sure the deal is still a good deal after there interest. Rough numbers are it’s a 2 building 10 un...

Hello! So I guess I am a little confused on how mortgage payments are decided. I have a cousin who wants to sell his home and travel in an RV with his wife. Bought it in '99 for $245,000. Zillow estimates $840,000 now...

Good evening Pros,I am entering into an agreement with a flipper and I am the lender. I have set up the loan on an escalating interest rate as follows:Months 1-5 = 8%Month 6 = 9%Months 7-9 = 10%Months 10-12 = 12%It is...

I am getting a $205k private loan, interest-only, at 7%. Monthly Payments: $1,195.83Let's say it takes 6 months for repairs and refi. What will I owe to pay off the balance at that 6 month mark?Thanks in advance.

Hi BP Community,When using the calculators, should I be using the loan rate or the APR? So for example, my rate quote I received from my bank for a $130k, 30 year fixed rate loan is 3.25% + 3.875 points for an investm...

Hello! I have been using the BRRRR calculator to analyze some potential deals. I have watched the tutorial video and just got off the E&O webinar but a question has now arisen about cash flow. When putting in the ...

Hello everyone, dumb question but wanted advice on using a BRRRR calculator while utilizing an FHA 203k loan. My numbers seem a little bit off.When I input the purchase price into the calculator, do I input the initia...

Hi everyone,Why is the loan pay down not calculated into coc roi? Meaning, if I have tenants (short term or long term) where the cash flow covers my mortgage payment?I will use basic example to help clarify.Down payme...

I cannot figure out how the monthly loan payment stated in the note is calculated. It does not match up with any amortization schedule. SBA reps are clueless. Does anyone know?