Robert Andrade
How to calculate COC ?
So I've read that you divide the yearly rent by the down payment or cash in the deal? Is that close to right?
So if I have a 3plex and I occupy 1 of the units, how do I calculate COC?
I did a search and really couldn...
Nav Singh
Buying privately and putting it into an LLC
First post (yay!). Hi BP family,I am a newbie investor and hope to find success like many of you on this forum. I already bought my first property (all-cash) about 2 weeks ago and have lined up my second one. The thi...
Ben C.
FHA 203K REHAB
I am wondering if anyone can shed some light on their experiences with this type of loan on an investment property (have heard it requires tons of patience)?Is it true that they require the contractor to begin the job...
Thomasina Pearce
FHA loan on 2nd property
Hi BP Fam, I thought this would be an easy question, but no one seems to know the answer: If you have already purchased and own an investment property (20% down), can you still use an FHA loan for a primary residence ...
Juan Mercado
15% down payment
Looking for a lender in NWA that can do 15% down payment on an investment property.
Marty Gold
Should I buy points?
Would anyone be able to please direct me through the math so I can evaluate if buying points on a mortgage for an investment property is or isn't a good idea?I've heard buying points on the loan is a tax deduction, is...
James Danchus
Question On Finding Leads with Equity
BP,
Got a quick little conundrum here for ya.
So I have a handful of D4D leads that I am running through the county assessor's WS. Seeing what kind of info I can find on them. Correct me if I'm wrong but the only w...
Jayme B.
Need help figuring out buying power
Hi all - I just went through a lengthy process with a lender to figure out how much they would lend on an investment property based on my income and other factors. They gave me a qualifying income range but I'm not su...
Sunil Kapoor
Selling low cash flowing properties using a wrap. Any advice?
Hi All,I have a few SFH’s which don’t cash flow so much, but I have a great 30 year fixed loan with a low rate on them. I’d like to increase my cash flow and one thought is selling them on a wrap.My current P&I p...
Garrett Pettit
Pulling money from LLC to invest in primary residence
I want to work with a partner to pool money into a deal 3.5% down primary residence house hack deal, but they are not comfortable doing gift funds, and co-signing a conventional loan is an option we're considering, bu...