Adam Garza
Understanding financing - Home Equity Loan
Could use some assistance with understanding financing:I am looking to understand how a short term home equity loan would work...I recently went to the bank to ask about it, but want to understand the numbers. I own a...
Brendan Henry-Lambert
Need help with understanding draws!!!!
How does the draw process/schedule work when borrowing from a private lender (in as much detail as possible)?Including:1. After having the property inspected and appraised 2. Closing on the purchase 3. Draw scheduling...
Malick Guindo
Help me understand Fayetteville, NC
HI.So i'm looking to make my first move as an out of town investor. I'm looking for steady cash flow on a rental like everyone else, without long vacancies. Some of things I consider besides the analytic part is the n...
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Trying to understand the numbers
Can someone please explain the 70% of ARV minus repairs formula? Provide an example? What does the 70% mean? Thank you for your time.:D
Arjun K.
Help me understand landlord insurance
I am bidding on a $230K market price property, where I will probably add $20K of equity thereafter in form of upgrades. the land is appraised at $100KI by tax man. This will be a rental property.
I solicited quot...
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Understanding Money from the Inside
We all know that with real estate we create wealth. But, what happens when you get that money? Before you can be a millionaire on the outside, you must be one on the inside. But how? The best book I've found on it is....
Leo Koonan
Trying to Understand Chicago Market
Hi Guys,So i've been looking into several areas of Chicago and there is something that i cant really understand.I've encountered properties just like this one:1048 W Garfield Blvd,Chicago, IL 60609many properties in t...
Tucker Smith
The Power in Understanding Advertising
I came across this Ted Talk by Rory Sutherland that explains how advertising creates perceived value as opposed to actual value for a product.http://www.ted.com/talks/rory_sutherland_life_less...Understanding the powe...
Nick Ruffini
Help me Understand my return
Hi All,
I'm looking to get involved with a deal that is a $50K investment, 18.5% IRR, 2X multiple and a 4-5 year hold. How can I calculate the what the total return would be?
Thanks!
Gabe Goudreau
Understanding Internal Rate of Return
Hey BP Community,
Recently I've been trying to wrap my head around what exactly IRR is, and how to compute when underwriting a deal. From my understanding, it is the rate of return that an investment offers based on...