Property Info: 30+ years multifamily, fully leased, roof recently replaced, great rental area, HVAC looks very old.Price: $258,240Loan Info: 5%, 30 year fixed, 20% downCash Invested: $51,648Monthly Loan Payment: $1,10...
Hi everyone, I am fairly new, now hunting for my 4th investment home. I only have financed homes and did BRRRR and never purchased with cash before....... Also I have never purchased mobile/manufactured homes therefor...
I’ve owned a home for the last 5 years, with close to $120k in equity in it. However my income was been low since I’ve been an entrepreneur the last 2 years. Credit is over 730+. $15k in an retirement IRA.
I found a...
A friend of mine is purchasing a single family property in a desirable suburb of Boston, MA with considerable room for equity growth. He's only putting 5% down and will be paying PMI as a result. On the other hand, I'...
Hello everyone,
My family and I are new to the area and looking for a place to call home. We are currently staying in Surprise, AZ and we like the area but are open to other areas as well. We're looking to do some s...
Dear BP community,I need your help/input in my deal analysis. I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entir...
I think it would be great if there was a way to have the BRRRR calculator do a loan to cost formula in the Purchase Loan Details section.For anyone using a hard money loan to finance their BRRRR deals, the downpayment...
Here's my situation: I accumulated credit card debt to finance my last property rehab, which is now rented and generating income. However, I'm burdened with credit card debt, a HELOC, and a personal loan. Despite hold...
Hi BP,I recently incurred significant expenses for the exterior of one of my properties, and am requesting your assistance in understanding what I may be able to deduct in the current year. I would classify each of t...