John Levonius
First mortgage is ARM. How to calculate DTI for second mortgage?
Hello Forum!I am a long time lurker, first time poster! A quick intro first. I live in California and have been renting for a while. My main interest is to buy a handful of properties, live in one and rent a couple ou...
Jennifer White
Sell current property to pay off debt or keep as rental?
Hey Everyone,My husband and I are new to real estate investing. We currenty live in Washington state close to the military base and own our current home. We are being stationed in Mississippi and are having to make ...
Gregory McKinley
Multi family Repairs
Here are a couple of questions. 1. What formula do you use for calculating Interior Improvements that will be factored into the Agency debt for multifamily units? 2. What formula do you use for calculating repairs and...
Lauren DeFreitas
15 Calculations YOU NEED TO KNOW as a Real Estate Investor
Cap Rate: NOI divided by sales price
GRM (Gross Rent Multiplier): sales price divided by SGI
NOI (Net Operating Income): SGI minus vacancy & expenses
DCR (Debt Coverage Ratio): NOI divided by debt service
...
Jason Sebastian
New member salute and Brandon Turner is my new best friend
My name is Jason, my wife and I have 3 kids and live in Rural Idaho. I have been interested in real estate ever since I read Rich Dad Poor Dad and bought the Carlton Sheets training material when I was 19...I think th...
David Alejandro Hernàndez
Buy 2nd house, IRS debt, 1099 wage, best money allocation, advice needed.
My name is David, I'm 28 years old, working as an independent contractor. I currently earn about $7,000 per month, working 50-55 hours a week at $34/hour. I'm also in school to advance in my field, which could increas...
Steven Bays
Should I stay or should I go?
I bought a duplex for 128k when the market suggested 140k. I have an amazing renter for 6 more months. Before I stopped thinking about real estate investing and starting applying action, I made some decisions I may ha...
Chris M.
Time between investment loans
I'm due to touch base with my broker next week to figure out more about whats out there but thought the wiser heads on here could give me some insight before I talk to him.
I purchased a quadplex at the begin...
Ryan Rogoszewski
Soon to graduate student looking for starting advice
Hey guys, been following for a while and reading/listening to the podcasts when I can, but a recent job fair really got me thinking a little harder about what to do with the rest of my life.
I'm a pharmacy st...
Ryan H.
Should I start now or should I wait?
Hi everyone,Been a fan of BiggerPockets for a long time!I’ve had an interest to invest in real estate for about 10 years now. 10 years back I was living in Portland, Oregon as a real estate agent. Back then, I had eno...