Hey all! So I am analyzing multiple possible deals for my first buy-and-hold purchase. It is exciting but nerveracking. The main piece that is causing me to stop and question is ROI vs. Cash Flow. Example:So I have...
I bought a home with cash. I did not have it appraised at the time of purchase. The house has appreciated even though it has not been 6 months and I'd like to get my cash back to purchase other properties.First, do I ...
I did a cash purchase last week on 3-plex. I want to cash out refi based on LTV appraisal using Fannie's delayed finance exemption. But I am not clear if they currently use a straight up LTV or the actual cost of bu...
Here's how you can calculate the specifics of a hard money loan... A simplified/general calculation can be done by following the steps outlined below. Step 1: Calculate your total loan amount by taking the ARV (averag...
Good Morning everyone!A couple friends and I had dinner a few nights ago and cash out refinances came up. My questions are, when you do a cash out refinance... lets say you buy a property for 50k. You do a 50k rehab s...
Morning guys,If I obtain an answer to this, i'm sure I will sleep better at night. I have been playing with the BRRRR Calculator, and it seems the more I edit to play with the purchase price, my COC-ROI and or Monthl...
Hello. We are getting ready to invest into a turn-key or a small rehab in the spring. It maybe local or maybe somewhere in the Cleveland area. For now we want to pay down some left over debt. We do have some cash and ...
I'm a first time investor.
I'm buying a property for 25k
7k cash 18k unsecured loan that I'll want to refi.
I was told I should have the 18k paid by certified check coming from my parents so that I can start making...
Trying to get some feedback from recent purchasers of multifamily in Sacramento area. What can you expect as far as cash on cash return is concerned for 8-10 units MF property. I am seeing listings with 6-7% pro-form...
Hi! I was looking to help my retired mother save some money with her monthly bills. She has a 30yr mortgage on a Condo and has just under 15years left to pay it off. She is on a fixed income of 966.00 a month and payi...