Hello folks. My question has to do with interest buydown. Is there a minimum interest rate? I know other factors such as location, dp, prequel are used. For example. 8.125 % do wn to say 5%. Doable and how much? ...
Investment Info:
Single-family residence buy & hold investment in Salem.
Purchase price: $280,000
Cash invested: $14,000
Rental home with 2 renters but I bought it because it has a double lot tha...
I was using the BP Rental Calculator and compared the numbers to the calculator that I created for myself. In so doing, I looked at the Vacancy %, Cap Ex%, Repairs % and Management Fee % it looks like they're being di...
What is your take on renewing Absentee Owners direct mailing lists?I am sending out 5 different marketing pieces to each AO over a 2-3 month period. Scrubbing my list as I get returned postcards. How many pieces of m...
Whats an acceptable cap rate for buying multifamily (2-4) with cash?
Houses range in 30-45k, and rent is 550-650 per unit (2bd).
Also how easy is it for someone to get a loan on a property that is worth...
Hi,I own a condo in wi. This building has 40 units. I bought this for 142K in 2006. currently i am renting the condo. Lately the building is having water leak issues and the condo management assessed a special assess...
Hi guys, as I am doing my research and studies, I am quite confuse regarding the difference between "Cash Flow" & "Cash On Cash Return". Please correct me if I am wrong. Thank you and below is an example.
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Hey guys,
We have more than 20 properties in one LLC. As we are buying more properties in Kansas I’m thinking if we should connect with a local CPA down there to have another LLC based in Kansas then newly bought pro...
Hello everyone. I'm having a calculation problem and was wondering if someone could help me do some math. I have a private lender willing to borrow me exactly $187,131.95. They are willing to do a balloon of 10 ye...
What’s your guys favorite ways to stress test your underwriting? I heard there’s 2 most common ways to stress test underwriting:1. See what happens if interest rates increase before you close 2. Seeing what is the low...