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for the past three years I've been building other people's deals been saving a bankroll but as everybody knows it's kinda hard to save so I need to make moves.When you get down to it my debt to income ratio is high.My...
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Hope everyone's doing well
I spent the better half of last week speaking with private lenders and it looks like I have 2 who are interested in loaning money. (!!!)
My plan is to begin flipping propertie...
I've read several iterations of 'How to Calculate NOI' here on Bigger Pockets and most all indicate we should not include capital improvements or additions, principal and interest, amortization loan points, income tax...
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Real estate investing is an exciting venture! Before you run out and buy that first or second rental property, it is important that investors use strategic financing for their rental properties and put a plan in place...
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Hello everyone. I wanted to ask for some help with my Excel sheet I created. I downloaded a few spreadsheets and most of them seem so complicated so I decided to build my own with the basic necessities for MFR. I know...
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So, I have multiple Sub2 Properties, but I have noticed that later down the road the Seller (Mortgage Holder) wants to obtain a new loan to purchase another property and needs a letter or document showing that we are ...
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Hello everyone my name is Jay. I’d like to give you guys a little info about my situation and see what’s the best route for me to get into investing. Right now I currently have a FHA Loan on a single family home that ...
When you say 50% for "expenses", and the rest can cover "mortgage", are you putting interest, taxes, and insurance in the "Expenses" and the "Mortgage" is really just principal?
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(this is a repost I didn't get any answers from the other forum)Hey guys I have a quick question. I recently bought my first duplex for $315,000. (10,000 down) (mortgage $1850) Its under owner contract right now but ...
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say if a multi needs to be rehabbed in order for it to be livable. Say it needs 60-80k in work. Say the asking price is 375,000.00. Do you apply the 50% rule to the 375k? Or the purchase price plus the rehab?