Hi BP members!
I need some direction while running my numbers for a deal analysis. When it comes to running the numbers, I know all of the basics such as using the sales price and finding all expenses associated with...
Does anybody know of any good Loan Amortization software solutions out there?I've been using Loan Amortizer Enterprise (loanamortizer.com) on my PC for several years. It's a pretty decent program and it gets the job d...
I was discussing buying a house vs. a condo as a rental with someone the other day. I was saying that a condo wasn’t a good option because the HOA really cuts into cash flow. They asked if I couldn’t deduct HOA fees...
I've been researching PM fees in all the different markets I'm looking in. The general PM fee is 10%, which I factor into my monthly fees. However, its apparent that all PM companies also charge a tenant placement fee...
I have a 3 family deal under contract.The buyer, who is a seasoned investor, wants to purchase the property with Bank Financing.Based on my understanding, in order for us to close, the bank will pay the seller $XXX,XX...
I literally clossed and refinanced a property a week ago. However, I have a potential cash buyer I am considering selling to.Can anyone help me figure out what cost I have associated with closing?It is a 3 family prop...
I suck at numbers, so I made up some for a hypothetical subject-to deal to sharpen up. Can you experienced investors please critique my work? My hypothetical plan is to take over the loan> get a tenant in> cashf...
Here is the situation:
$40K Single family short sale, been on the market for over a year. Seems in decent shape (will check it out soon).
Checked with property manager, would rent for$850-$950. Schools are decent, n...
How do you analyze a deal? What are the key factors to pay attention to when working on a fix n flip deal and wholesale deals. Are there any guideline percentages to follow ? If that makes sense
I am looking into buying my first investment property. I have analyzed the property and the numbers seem like the investment will be a good opportunity for a first time investment. I can my analysis. Any advice or...