After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
I am in the middle of purchasing a home as a fix and flip rehab loan. The ARV did not come in at value and the lender is asking for $50k more out of my pocket. I wasn't feeling comfortable with the deal and was deba...
Hey there BP!I'm posting this thread, which, full disclosure, will be long, and might not be for everyone, in order to document a project I am doing here in sunny Arizona. It is on a commercial building, 8 units, and...
Hi folks,
I am a successful lease option wholesaler, but I'm interested in branching out and expanding into buying and holding homes utilizing subject-to as my finance vehicle.
In doing so, I need help ...
I have a close friend whose realtor has convinced him to apply for Home Partner of America's rent to own program. I believe this company used to be Hyperion Homes.He asked what I thought - I told him I had no idea. ...
Hello guys,So i have a property i been trying to rent out for a month now with limited response. Today i get a text from a mom and 2 kids. Recently seperated. She said she is willing to pay a full year up front which ...
What should we do with $500,000 cash borrowed at 3.5%? My partner and I are completing cash out refinances of some properties where we will have at least $500k cash to invest. Market is hot and I haven’t seen anything...
Hey all you smart investors out there. My boyfriend and I have been looking into long term vs. short term rentals for the last year now and have recently started to lean towards short term. We currently house hack the...
Hello my Santa Clarita Valley People!I wanted to see who lives in the SCV to start a network program if possible.And if you are from the valley area (Granada Hills, Sylmar, North Hills, etc.) feel free to reach out!Ho...
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...