I’m analyzing a duplex in south St. Louis as a potential first deal. The seller wants to sell as-is. Current rents are below market and in place until July. A prior buyer put the place under contract. That buyer backe...
Hi everyone, first off, I am a licensed MLO and I have my financing figured out so I don't need help with that aspect. I am looking to purchase my first home that I intend to house hack and live in short term (maybe t...
Good afternoon,
I’m looking for my first deal to be a house hack. I’ll be using a Conventional loan 3.5/5% down. What’s the best way to analyze a house hack deal? What number(s) should I be looking at first in both ...
I'm having trouble analyzing properties. I'm trying to analyze one every single day, just something on the MLS, it doesn't have to be a deal. However, when I look at the property description there's a lot of missing i...
1st purchase and cash flow seems decent. It currently has 1 vacant unit due to it being remodeled. It's almost done now and would be done if I closed on it depending on terms. Being there's 1 vacant unit basically kil...
Hi everyone,
I'm new to investing and was wondering if this would be a good deal to pursue.
Price 450,000
Cap rate on listing is 13.35%
Taxes 15,700
Annual Gross rent 81,900
8 unit property
4 commerci...
Hello! I am looking for advice on my first str, ideally by the end of January I’m attempting to get a deal under contract. I have a partner who is helping mentor me as well, but I would love to hear more from those of...
Hi Everyone! Was hoping for some feedback on a possible purchase of a SF. Basement is unfinished (😊) So turning into a Multi Family. I've ran the numbers a few times but would love some feedback. I guess this might b...
I know this is rather simple (for seasoned investors) and there are multiple ways to analyze properties? What are some of the more effective spreadsheets/strategies people use to run the numbers on a deal?
Hello, BP family! I am new to posting on this forum however I've had the opportunity to read a lot of useful advice on here. I figured I give it a try for some sound advice.
I am looking at my first deal, naturally,...