Hello everyone, just recently I have been playing around with numbers to get comfortable with analyzing deals before I jump into the real estate investing game. God willing, I’m going to buy my first property within ...
I recently purchased a duplex for $450,000 with 20% down. However I pulled $50,000 out of a 401k loan with a 10.5% interest rate to be part of the $90,000 down payment. The 10.5% interest on the 401k loan is likely hi...
Hey BP community,
I want to get started in real estate but have limited funds. I’ve seen & have researched whole saling but, honestly, i don’t think I have the sales prowess or stomach for it.
Can anyone offer ...
I have an executed contract with a purchase money mortgage. The terms are:$35,000 Purchase Price10% Down8% Interest30-yr Amortization48 Month BalloonThe seller needs a minimum monthly of $350. What's the best way to s...
How do you pitch a great deal for a foreclosure to get funded by a private lender.... I want to jump on this auction that is a great deal with crazy returns but I dont have the funds. How can I get this done. I am sti...
What would you recommend as the Top 3 Rehab Cost Calculators to be used in the Chicagoland and Suburban area? I'm trying a few different calculators with huge swings in the numbers. I have a manual sheet I use which c...
HI everyone, I'm new to this investing, and I'm looking for information on how to analyze property the best way. Any books, podcasts, webinars, or any information on how to analyze and set-up property information wou...
Hello again,So, my current bank requires me to wait a whole year before they calculate net income or net loss on my first rental property.Needless to say, I am not thrilled because I bought undervalue (20%) and forced...
I’ve got a question about property analysis. When I’m trying to find potential rentals would it be fairly accurate to use the givin mortgage quote on realtor websites? I’ve been using the “mortgage payment calculator”...
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*This link comes directly from our calculators, based on information input by the member who posted.ARV is an " educated " guess from local online postings Rehab is based on the listing p...