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Say I have this example
Rental Property: $100,000
Loan Amount: $75,000
Loan Rate: 5%
Years: 30 Year Amortized
Monthly Payment amount: $402.62
LTV ratio: 75%
My money is bei...
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Hello All,When looking at properties it's obviously to everyone, even myself, to calculate the cash I need for a down payment, but I assume I will need to save up even more cash for the closing costs? Is this a fair a...
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Hi all,
I'm working on a flip in the North Linden area in Columbus, Ohio and am trying to reduce cost on windows and a small, 3-step concrete porch connecting the back door with the ground.
My costs for reference:
...
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Hello everyone so I have a bit of an issue. Setting up my rental property but during the inspection it was found to have Federal Pacific circuit breaker which likely in Florida disqualifies it for insurance (obviously...
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The title says it all, that is just my end goal with this, (the more the merrier, obviously lol) - or I guess, we could always just back-trace the figures, what's the average net per unit? per property?
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Hey, everyone...hope you're having a great start to your day! Wanted to vent/shed some light on something that is so important but often times executed so poorly and that's communication. It's obviously a simple conce...
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I feel like BP isn't clear about this. Brandon is always saying "pro" as if there aren't two different options and I can't find anywhere on the forums where someone lists out the difference in the perks. What are the ...
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Hello everyone. Obviously, many of us have a lot of time on our hands, while simultaneously not being allowed to gather. My question is, are you aware of any upcoming webinars about real estate investing? When/which p...
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Hi. One thing I'm still confused about how to come up with my own profit amount. I always hear, of course, that you take 70% of the ARV and then subtract repair costs and then your profit amount, but how do I come u...
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We came across a homeowner that has roughly two weeks till her house goes to tax sale. She owes ~$15k which would obviously need to be paid before the tax sale. It's unlikely we could close on the property in two week...