Ben Volkman
DFW Dallas FHA Lending - True or False?
Dallas/DFW - I was speaking with my broker and she only had 1 lender who would do an FHA on a triplex (trying to do owner - occupied house hack). The lender said that in order to qualify for FHA the 2 non-owner occup...
Choon Yee Dee
Max Allowable Offer for Fix and Flip
What’s up everyone!? I have a question regarding max allowable offer.
(ARV x 0.70) - rehab cost = max allowable offer
Example: ($900,000 x 0.70) - $100,000 = $530,000.
My question is, why do I have to subtract the ...
Michael Matthews
Need help with excel formula
Hello everyone my name is Mike I'm new to bigger pockets and am starting to work some things up to help me do some numbers on properties. My problem is small I just need help with excel I have the number right but it'...
Anthony Ogletree
Buy and Hold Profit Margin
I was wondering if anyone can tell me how I should be thinking in terms of doing calculations on trying to make an offer on a wholesale deal for a potential buy and hold investor vs. a fix and flip investor. I kno...
Carl Washington
What is defined as a "Deal"
I am new to real estate investing and I would like to get started in wholesaing in the Houston area. I have heard a lot of investors say things like "is it a deal" and my question is what is defined as a deal in terms...
Carolina E.
Gift of Equity from parents
In October 2012 I was placed on title with both my parents. I currently live in the residence with my mother. It will be my primary residence. I will be refinancing and removing them from title in a month or two.
...
Aaron Laverne
Fully Leased Multi-Family - How much to offer?
Hello BP, I'm looking for feedback on a property we are analyzing. Please advise on what we should offer for max ROI based on gross income and expenses.Market Price = $275,000.00Annual gross income = $36,000.00 Annual...
Jerry Going
50% Rule?
Hello everyone!So I am brand new, and basically have no idea what I'm doing. So, I decided to at least start with the free course bigger pockets offers. Love it , so far! However, I do not understand the 50% rule. May...
Jason Green
NEED HELP ANALYZING APARTMENT PURCHASE
Ok guys here is the rundown.
(2) buildings of 12 units are built. 6 over 6 plan about 900 sf each unit. 2br 1ba all units are identical. Of the 24 units that are built 8 need carpet and cleanup to be move in ready.
...
Danny Day
Increasing cash on cash return
Lately I've been dabbling the numbers to maximize the cash on cash return for rental properties.
I want to run this sample deal to make sure my numbers are correct. From what I can see a hard money > refi deal ma...