John W.
Loan calculators for personal loans
Hi, is there is there a simple way to track loans? For instance, a friend of mine loans me $ at a certain rate and he can withdraw at any time. Is there a loan calculator that I can plug in loan balance, APR, days etc...
Amarnath P.
Investment Homes : Single family vs Duplex ?
Curious, what should be the approach of wealth building through investment homes for Buy & Hold strategy for atleast 5-10 yrs. What are pros and cons to consider investing in single family vs duplex homes. Appreci...
Jordan Whitworth
Best way to finance 6 units (3 duplexes)
Fellow BPer's,
I've done 3 or 4 deals already with traditional financing but I have an opportunity to potentially buy 6 units (3 duplexes) with a partner. We can still afford/qualify 4 of the units under traditional...
Demetri T.
SIMPLE IRA at Vanguard to be used as a Self Directed IRA
There are so many posts here that I don't find myself asking to many questions... This may be answered elsewhere but I am having trouble figuring out the thought process with it before I head to my CPA. There is a l...
Keegan Darby
Hold cash or refinance?
Hi All,
Wanted to get your thoughts on if we should hold a house cash or do a cash out refinance? The details: "All in" after rehab at $145,000
Tenant in place at $1,550/month We can do a cash out refinance into a...
Josh Gesler
Analysis tool for the mac
I've used a simple spreadsheet to do quick analysis of prices vs rents using the 50% rule. I'm working on making a Dashboard Widget of it so I don't have to leave the spreadsheet open all the time. Is anyone else in...
Jordan Epping
Refinancing and Hard Money
Forgive me if I am missing something simple here. But thinking about the BRRRR process. I am no longer eligible for traditional bank financing, so I am working on securing hard money for my next property. If my goal i...
Campus Johnson
Putting 3.5% down payment on a FHA loan
If I put 3.5% down on a FHA loan, will my mortgage payments reflect a low down payment or will FHA treat it like I put 20%? Also, if FHA doesn’t treat 3.5% down like 20%, would I have to get mortgage insurance?
George Hernandez
HELOC denied because of low LTV
Good morning Biggerpockets fam!!!
So I need some advise and I’ll try to keep it short and simple. I tried to get a HELOC on my rental property, but the bank denied me for a low loan-to-value on the property. Here’s m...
Patrick Hancock
Is this caluclation too simple?
Hello! Have not yet found a rental analysis tool (such as the BP one for example) that allows for factoring in payment to investors. Is the following calculation too simple to be accurate in trying to quickly analyze...