Alexander Gotti
Interest-only loans for higher cash flow + stock market synergy.
Hi all, new BP member here.
I’m considering a new strategy and wanted to bounce it off of you all... Please poke holes and give feedback.
I currently have 6 rentals, all are 30 yr loans, 3%-4% interest rates.
My le...
Jessica Carcamo
Seeking Guidance and Insights on Real Estate Investing
Greetings!As someone eager to learn and navigate the complexities of real estate investing, I believe your guidance could provide invaluable direction.
I am particularly interested in understanding the best advice yo...
Derrick Harper
Conventional Loan
Does every conventional mortagage loan requires a 20% down payment? If not, what are some options around it?
Tim Budrick
Trying to Dump a SFR. Help!
I have a SFR house in a plighted neighborhood where the mortgage is more than what it's worth. I have rented it out for several years and made about 200/month on it. I currently do not have a renter in it and want t...
Loc R.
Time Value Money 101 (Need help with a computation)
OK, so I have a note that is paying me $199.54 per month.
I have offered to sell 12 of those payments to an investor at 8.0% interest.
So if:
N = 12
I = 0.67
PMT = 199.54
FV = 0
PV = $2293.87
So, in order for the ...
David Morrow
The 50% rule - explained (AGAIN!)
Twice today I've seen posts that demonstrate a gross misunderstanding of the 50% rule, so I thought it would behoove me to start yet another thread explaining this concept to my fellow knowledge-seekers.
The misconce...
Tom Seigold
What formula is used by lenders in calculating P&I?
Seems like it should be a simple formula, but my googling is failing me... I'm trying to figure out what a lender uses to calculate the following:Inputs: mortgage balance (after downpayment), interest rate, and loan t...
Steve S.
Rate my rentals
I have 2 rentals and i would like some feedback on how you would rate my metrics etc and any suggestions of what i could / should be doing next.Rental 1- Built 1998, 2600 sq feet, half of a duplex, very nice finish ou...
Erik Romo
Advice on a Personal Assistant
Hello everyone,
I was curious on what are the task that I can have an Assistant do, I been thinking for a while on hiring on but in not sure on what to have them do.
Thanks for your help
Justin Fox
Cost basis of rental property question
I have a single family home that I refinanced in 2010 and paid off completely in July of 2013. The home is now a rental property, and has been since 09/01/2014. I didn't take the depreciation deduction on my 2014 re...