How do I calculate my purchasing power for an owner occupied multifamily unit using an FHA loan? Is 75% of rental income subtracted from the PITI payment, or is it added onto my monthly income?
Hello!I am using the calculator to look at a long-term BRRRR deal that would be my primary residence and first deal. I posted 2 screenshots below of the report for each period. As this is my first deal and I do not ha...
A newbie question about when purchasing a self storage with a warehouse or warehouse with extra land....if during purchase of an existing property with specific rents, I bring a signed contract for lease by another la...
Since hard money loans are fairly commonly used for BRRRR projects, I wonder why the BRRRR calculator doesn't seem to be set up to accommodate them? Am I missing an easy hack?
Hello BP!
Well i wanted your idea and suggestions on a goal I have. I want to pay off a $7,000 loan in the next 5 months. If I were to use my money from my job to pay it off in 5 months I would have to use up...
Hello... I am just beginning to play with this for the first time.It is looking like the analyzer is calculating only 80% of whatever loan I put in to give me my monthly amount and total deal numbers, etc...Does anyon...
Hello everyone,I live in PA and currently have 1 $200,000 mortgage on my house that worth around $370,000 right now on Zillow. I also have another long term rental property that is already paid off that worth around $...
For a cross-country move, we desperately need to sell our residence within 2 months.
Paid $139k in 2007.
Have a $15k rehab loan that let us put on steel siding and new windows.
Have $99k left on mortgage.
Market has...
I am looking to get a loan from standard lender ie (bank, credit union, etc) for my first property. I am planning on trying to keep my down payment on four plex as small as possible while still allowing for cash flow ...
I am trying to solve something in my mind as to why Sacramento has recently started to pick up with upper price adjustments. What fundamentals in the market place do you think has changed?