I'm working with a client who has BOA as his note holder. I tried uploading everything to equator, but of course equator tells me that it can't find the loan number. I called the 800 number and they said they needed...
I’m curious... what would you say are the most important principles/definitions/equations to know and use for real world real estate investing? Examples being: cap rates, cash on cash, etc
I am new and think I am doing my ROI wrong. I am trying to mess with the numbers on property near me to see what my ROI would be. Two scenarios:House Cost: $95,000Down Payment: $5000Rent in a year: $1000What would the...
Ok, I’m dealing with a seller and he has two properties he’s willing to sell. I found the arv for one but I can’t find the arv on the other because of the lack of comps. THEY ARENT ANY LITERALLY. The square footage is...
Hi - Sorry if this is already on here, but I am having a hard time determining if I should include my agent fee of 1st months rent in my NOI equation. If you sign a multi year lease it would only be applicable for the...
Hello BP community! I am in the process of filtering through listings trying to find candidates for rental properties. What are some of the more popular "equations" or "breakevens" that I should run on a property? I a...
Does anyone remember when Brandon Turner used NWROI in his house hacking book? I am curious about how he comes up with the number. . . . the formula goes NWROI = (cash flow & rent savings + loan paydown + apprecia...
I wanted to share something a mentor and friend had shared with me six months or so ago. I can claim nothing from this idea or concept. I trust you will utilize this as appropriate in your life and I pray it makes a...
Has anyone started a Short Sale using equator recently? I have a file that is in review and BofA is now asking me to upload the file into their new system equator. The only problem is that you have to be an RE agent t...
I am an investor who has no real estate license. I would like to negotiate my own BofA short sales. BofA requires that all properties be listed with an agent.
1) Does that mean that my offers have to be submitted by t...