I know there are tons and tons of internet calculators you could use to calculate the monthly payment of a loan but I'm looking for the actual formula that is used. Could someone please find this for me or at least e...
Hi everyone,My husband and I want to do our first flip. We are not new to real estate. I’m a broker and we own rental properties but the flipping side of real estate has always been our dream. We live in CA but I want...
Hello! New to STR game and Bigger Pockets. My wife and I purchased a property in Cullowhee, NC (3B/3B) and are trying to decide if we want to go with a local property manager or manage the bookings ourselves and outso...
I am currently looking at an apartment and in negotiation about possible seller financing. I am new to all REI so I am looking for anyone that has expertise in that world of financing, or to be pointed in the directio...
I just purchased an occupied foreclosure (I thought it was vacant). When I met the current occupant it was the previous homeowner who was kind enough to show me around so I could examine the property and explained her...
I was wondering how to figure out what areas are classified as what. I know my own local area but that is about it. I am looking into nwi (northwest indiana) and I know some areas but not others. I also feel like cert...
I have a question regarding an electric issue. It's a HUD property, and on it's property condition report, it indicates the Electrical Writing as Damaged, and not functional (see the screenshot). I am a little hesitan...
Hey Guys,New here. I am doing some research into Crowdfunding a Multifamily 3-5yr buy and hold project here in the Orange County/LA area. I need to come up with some proforma numbers to examine the viability of both e...
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
:D There was a recent BP thread on this and the discussion stopped. Can someone tell me exactly what the requirements are to finance a downpayment on a prfoperty that is going to be mortgaged anyway? Is down-payment ...