I'm a relative newbie. In the past two years, I've added two duplexes in C areas that have positive cash flow. My goal is to try STR using a second home mortgage ideally. My situation is a bit different in that I work...
As the title says.. How do you find your area(s) that you want to buy in and what are you looking for in those areas?
I'm using the BRRR calculator to analyze a few opportunities. It's pretty good but I do have a few questions around the metrics:
1. Can someone explain the variables that are used to calc the Income-Expense Ratio. M...
What are you guys using for printing postcards... and mail merging on a 4 to a sheet 4.25 x 5.5 postcard front and back variable data ( duplex) and variable data spot for the bar code (bulk mail)
Thanks!
Hello,Curious. I’m buying a primary home and all lenders pushing the 10 year fixed loan (variable after 10 years). Why are lenders pushing this? I wanted a 30 year that will cost 0.50% more but lenders all pushing me ...
Someone out there please give me some advice about the HELOC I took on my primary to buy my STR. It’s at a variable rate and just keeps rising. We owe 178k and the interest only payment is $1455 this month. We have on...
Hi BP Calgary and Edmonton members,I am a new member and really curious to learn some real life examples that people successfully pull this off. It would be great if some real numbers are shared. Will the property ap...
Anybody ever try this?
Suppose you got a guy selling a house asking 50k. If you put down 10k and get a 40k loan, your payment will be 250 a month.
If you were to offer 100k...
What factors are used to calculate the cashflow when using the BRRRR calculator? Is it just ARV, Refinance percentage, and rent?
I own a duplex out right and was wondering if anybody has been able to secure a HELOC on an investment property? Is a HELOC only for primary residences? Thanks!