Ryan Moore
Rental Return on Investment (ROI) Question
For calculating ROI on a rental property, I assume my closing cost to be part of my initial investment number. On my closing costs, I paid 1 year's insurance, 1/2 year taxes, and some HOA. Normally those are part of...
Estefania Navas
[Calc Review] Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.
James Gefke
Rehab in Flood Plain
Hello everyone,
Just finished up my first rehab project and found out that the house is located in a 100-year flood plain after a showing to a prospective buyer.
The good news is that the municipality has already...
Luis Rangel
1[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello all!This report shows (A) ROI 1.01% with a rent of $2,100 per month and add a 25% v...
Brett Arceneaux
First BRRRR Deal—ARV
I am working on my first BRRRR deal and trying to figure the numbers. How much of my rehab cost will reflect in ARV? Current appraisal is $145,000. Asking price is $100,000. Assuming that’s what we pay, will $50,000 ...
Jason Malabute
what to look for when analyzing operating expenses on T12
Some buyers are making deals work in today’s market because they are buying properties not reflecting the NOI accurately. If you buy C vintage properties, be careful if operating expenses are less than 45% NOI. Realis...
EDWARD M.
Tree Roots in Backyard - Help!
I visited a two-family home this evening and liked everything about it. Rents were good, location was okay, property was in good shape, but there was just one thing that worried me about it. In the backyard, theres a ...
Mark Hu
How does mortgage for income property differ?
I was wondering if there were significant differences in obtaining a mortagage for income property (apartment) versus a personal dwelling.
I believe interest rates for income property mortgages are higher, and it mak...
Joel Harriger
VA Loan | Wholesaler Using Flash Cash | Closing Disclosure Issue
Hi All, this is my first post.I am about to purchase a house from a wholesaler who will be using flash cash and wants to do double closing hours apart. Where we are hitting a snag is I am using a VA loan and my lender...
Vince M.
Can a short sale be done with these numbers?
I found an owner who wants to do a short sale but I don't even know if these numbers will work and what kind of deal to expect from the bank.
The loan is was originated by Countrywide just before the crash of 06-07 ...