Bob Yon
Deal or No Deal
I've got a deal that I think is a good one, but am a little uncertain about some of the numbers:Here is the deal:Duplex with $750/mo rentPurchase Price $28000Down Pmt $18000Owner finance $10000 at 0% for 5 yearsClosin...
Andrew Reid
New member living in NYC & a single 2-family property Albany NY
Morning folks with Bigger Pockets, my name is Drew and I live in New York, NY. I found this forum through the BiggerPockets podcast while I was trying to educate myself on what to do with my current property. Current...
Kevin Izquierdo
Only foreclosure/ shortsale properties?
Brandon Turner says that for you to have a good positive cash flow on an owner occupied multi family property, you have to find KILLER deals. My question: are forclosures and short sales the only "killer" deals? I was...
Mario Morales
COC Question-How to calculate?
To calculate Cash On Cash return, lets say I buy a property in 2022, I rehab one unit and the following year the other unit. Am I too calculate 2 COC's, one for each year. Or is COC only used in the year the asset was...
Rakis Bailey
New Investor in town (Raleigh-Durham)
Hello everyone,I moved to the Raleigh late last year and currently working as a Financial Analyst.After researching and evaluating wholesaling deals since November, I have the necessary confidence and knowledge to sta...
Tristan Black
BRRR and ARV
Hi Everyone. I'm looking do the BRRR strategy for a 21 unit apartment building in Connecticut. It does need extensive repairs but the building is in decent shape. After the rehab I would like do a cash out refi whic...
Greg Graves
Rental property review
Hey folks,Just wanted to let you all know of my first experience using the BP Rental Property Calculator. I have evaluated about eight properties with the calculator but yesterday was the first time I have actually pr...
Matt H.
Negative COC ROI 1st year OK?
First time real estate investor. I'm about 50k short to put 20% down on a quad-plex. I'm trying to determine whether to apply for a 50k hard money loan to help secure enough down payment for what seems to be a really ...
Carson R Gill
Investment Strategy San Diego CA
What's up people- Looking for any and all advice on getting into a smart investment with my current situation. Currently, I own/live in a mortgage free, 1/1 condo in Little Italy. Base monthly expenses include HOA ($7...
D C
Cash positive rental properties or leveraged debt ?
So I have $200K liquid in the bank (I have my own company) and I earn about $260K a year (before taxes).
By my calculations, if I buy a $250K condo in a well sought after part of the city, and pay it off COMPLETELY i...