So I have a great deal.
A home in a great area, that is continuously getting rehabbed, great neighborhood ect.
The ARV=235
It is estimated to have about 60k that needs to be done in upgrades
However If it wasn't t...
So I actually have a few questions about this particular matter. Im a new wholesaler currently preparing to launch my first marketing campaign. However, I’m still hesitant to start because even after reading almost ev...
I am overwhelmed by the number of different formulas that are out there for rental property investing and I don't want to overpack for lack of better words my investing formula arsenal so I would like to know what one...
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
We found a fantastic duplex house in need of rehab. Here is my situation: asking price is $35K and my contractor estimate costs in rehab is $18K. What is the method/formula to accurately offer for the property? How do...
Seems like it should be a simple formula, but my googling is failing me... I'm trying to figure out what a lender uses to calculate the following:Inputs: mortgage balance (after downpayment), interest rate, and loan t...
Hi, I am currently studying rental properties and often check out the groups on Facebook. I want to really be good at analyzing before jumping into investing. Can someone let me know the formulas of amortization for e...
Ok, for wholesale deals I was taught to use the formula Arv x .5 minus my fee (5k min) and minus repairs = Max allowable offer I can make on a property. Right? Ok. I go into Propstream pro and I find a property. - The...
I need some clarification regarding the "Annualized Total Return" number that is calculated in the Rental Property Calculator as follows:Formula used: ((Ending Value / Beginning Value) -1) / Years; However, in my 10 y...
Hi BP,A motivated seller called me because he received one of my marketing letters in the mail. He has a 3bd/1.5 bath single family house in Eckington NE Washington, DC. I went to take a look at the property. Here is ...