I just purchased my first property. It is a multi-family with three units. I will be living in one, and the other units will have the same tenants who lived there under the old owner. They are paying below-market ren...
Listening to one of Brandon Turner's books and he mentions this (https://www.biggerpockets.com/blog/plan-to-make-a-million)My question is how do you calculate your loan paydown for the principal and how much equity yo...
With every bank save one, I can put my loan amount, rate, and am into a calculator (my XLS or online) and it'll spit out a payment (and am table) that matches what I pay my bank.Example: I have a 2.42m loan with Fredd...
Hey guys! I hope this post is not too annoying. I'm just starting out, still living in Sweden but will be moving soon to the U.S. Excited to start learning even more. Anyways, my questions are in regards to the subjec...
Hi, I’m new to Bigger Pockets and real estate investing. I was hoping someone could guide me in the right direction with my dilemma.
Background:
This year I had sold my family home and used the capital to purchase...
Along with a truly bizarre threat to cancel my insurance on grounds seemingly pulled out of a hat and disclosed cryptically, Nationwide has promised that if I do manage to keep my insurance, my premium will go up beca...
Hello BP! My name is Stephen, I have been analyzing a few 4-plex’s in my area to house hack. My total income is 44k BUT I travel for work and get a per diem ranging from 70$-120$ per day depending where I go....
Before I can analyze a deal and calculate the cash flow, I have to factor in the mortgage payments. Do I call a bank to find out what my mortgage would be on property first?
Hi BP!I'm looking to get my bearings around analyzing properties to identify deals. I just read The Book on Flipping Houses, and the book explains that it is necessary to examine several (50-100) properties to get fam...
How can i figure out how much of my payments are going towards interest and principal?I found an online calculator for finding my monthly payments, but how do I know how much each month is for interest?For example, fo...