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WHAT IS THE CRITERIA FOR A GOOD WHOLESALING DEAL?
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Hello BP,
I'm using the BP Rent Estimator tool for a multifamily, and I am wondering how to use the median rent estimate that it provides. Is that estimate for each unit or for the entire property? In other words, ...
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Need a second opinion on a deal. Model assumes 2% increase annually in rent and operating costs. 8% for property manager.50% cash/50% loan at 7% over 30 years.For that assumption it is a $170k investment. ~$9k in yea...
Hello Bigger Pockets members,When analyzing a deal through the BP calculator how do I know how much money to factor into the closing costs? Is it a certain percentage of the value of the home? What would be a safe ru...
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Good afternoon all.
I've got a foreclosure that needs some work but isn't too damaged. The foundation looks good and the roof is intact. This would be my first deal and I'm giving myself a lot of conservative help in...
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Hello, I’m in the process of starting my first deal, I was approved for a conventional loan through the bank. My goal with this house is to use this loan to buy the house rehab the property and build equity and use a ...
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Investment Info:
Single-family residence other investment.
Purchase price: $84,500
Cash invested: $12,000
str listed on airbnb- small cottage near lake and other outdoor attractions. This is my first...
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Hello all! I am currently working on my first deal which will be a house hack and this is a basic question, but what exactly should I be using maintenance/repairs for? Should half of my budget (5% of the totals rents)...
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Hey Everyone,im from Sandiego California want to do the Brrrr strategy. I actually been keeping my head down this last year and getting the funds need for my first Brrrr strategy. I just wanted some pointers and to se...
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Investment Info:
Single-family residence buy & hold investment in Richardson.
Purchase price: $220,000
Cash invested: $64,000
Homestead House-Hacking
What made you interested in investing in...