I need some help thinking this through and making the best long term decision. I have 2 commercial mortgages that are on 5 year ARM loans with 15 year terms and 3 personal mortgages with 20 year fixed rates. I am a bu...
I am seriously considering buying a property that is basically in the middle of one of the campuses of our area's largest university. The home isn't located in the busiest part of the campus, which is downtown. It's m...
Hey all! My wife and I just set up a HELOC for our current house. We've been followers of biggerpockets for a few years and know that using your HELOC or a Home Equity Loan are common methods for purchasing a future p...
Hello,I have been trying to figure out a better way to purchase real estate without burning through cash.I’m considering opening up a HELOC on both my rental properties since their value has grown since purchasing the...
Big companies use sensitivity testing on ROA's(return on assests). They run the numbers at the projected output to see if it is a good investment, then they run them at 90% and 80% to see if it still cashflows. Is ...
How do you correctly calculate the income growth of a market over 10 years? a) add the percentage change of the personal income for last 10 years divided by 10b) (2016 personal income- 2006 personal income)/ 2006 per...
Good Afternoon!My husband and I are finally taking the leap and building a rental (short term Airbnb or medium term, traveling nurses, etc) on our lower property. We thought this would be a good start for our investi...
I was just approved for $235k on my primary home and I have no personal debt. Terms are 9.5% fixed 10 year, Interst only with 20 year ARM. Fess about $8k. Is this worth it? I want to have the funds available to ...
Hi, I am looking for a system that can help me generate offers automatically. Wherein I will have a contract with variables in it, then I will just define SELLER_NAME, BUYER_NAME, SELLER_ADDRESS, CASH_OFFER, INITIA...
Hey BP Community,I just would want to know. If you're about to acquire your first duplex property in an above-average priced market (Northern Virginia) for house hacking, what would the numbers on that look like? That...