How accurate is the Zillow Mortgage payment calculator?
is this the best way to find ARV...70%ARV - repairs - wholesale fee = max offer????
Hello! This is more of a spreadsheet question than a real estate theory question, but I'm asking this group since anyone who has tried to make a P&L this way will have run into this problem! Problem: How do you in...
I'm looking to start doing multiple properties at once. I have a good banker, but I would think that banks have a limit or formula that they adhere to for lending. Is there a general rule/formula for how much risk a b...
I found a motivated seller on craigslist for a townhouse in my area. It's a 3BR, 2.5BA, End Unit,1440-sf, built in 2002 and has HOA of $45/month. It is currently being rented out on a month to month basis for $645 whi...
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
Hello Fellow Central Texans and BP Community,
I am relatively new in learning the niche of flipping. I have read several BP books to attain knowledge and education foundation of real estate. Likewise, I just moved to...
Hi Guys my name is David I'm just starting out in wholesaling Pre-Foreclosure homes. I have a tone of leads and all contact info and haven't made any calls because I have been extremely nerves on what to say. Maybe yo...
How to Calculate new Property Basis in 1031 Exchange
Define terms:
Property sold
P1 = Original Purchase price of property exchanged
TDP1 = Total Improved Property = P1 – LV1
LV1 = land value when purchased
TD1 =...
Hello, fellow investors!Is anyone familiar with the "discounted cashflow" method for evaluating commercial properties, and if so, would you share the formula for doing so (if its not too complicated a formula of cours...