Srini Ramkumar
Out of state turnkeys
I am starting to read up on real estate investment and quickly realized that investing close to where I stay(California) is not possible as 1% rule does not really apply here. So I have been reading up on out of state...
Jill Smith
Long Term Strategy Goals
My husband and I just closed on our 3rd rental property. What are different "end game" options? I understand how to look for cash flow, things we will need in 5-10 years. However, what are different long term optio...
Eric Bateman
"Tell Debt Do Us Part, Or Maybe Longer"
This is my first post on the BP Forum and I am fairly certain before the ink drys most members already know the answer. But with over 20 years behind my belt in Real Estate Investing and Flipping the question is still...
Elijah Faas
Help with deal analysis
Hey all,A deal has recently fell into my lap. It is a land contract for 180k with a 10 year balloon, 15k down, 4.75% interest. Its a 2 bed 1 bath in a area of town built around the 60's. P&I would be around $860, ...
Brian Allen
Cost estimate sanity check
Hi Everyone,Im working on a tear down and new construction on my mothers house in Mar Vista California which is on the West side of Los Angeles. I have discussed the project with an Architect that I like (although I w...
Matt Smith
First time house hack-pay full price?
Hey everyone-been reading a lot on this site lately and would like to get your opinion on a potential house hack. This would be my first RE purchase, it's a duplex with 8 bedrooms and 4 bathrooms. Pretty much all reno...
Jennifer Dargento
Starting or Saving?
I've been following and listening to a lot of experts on real estate investing (specifically BRRRR method) and I'm getting mixed signals as to whether it's better to buckle down and save a higher amount of capital bef...
Mike Lowery
Purchasing Property with Seller Carry Back as Equity Instead of Debt
Hello BP Community! I am sure it has done before and I am not thinking too outside of the box, but in starting to structure syndication deals, it dawned on me that if you could find a seller willing to carry back some...
Abel Rodriguez
Am I missing something?
So, I’ve got a pretty good lead on a possible first deal! Would be a long term buy and hold property, now the numbers!
Owner wants:
$25k cash
Or
$2500 down
$250 a month for 10 years
Total cost: $32500
The home is...
Jon S.
Formula? Is equity high enough to justify selling? Sell / Hold?
When comparing sell or hold options, what formulas are most helpful? What is the ratio that drives you to decide one way or the other? I have a bit of equity on a property with very low debt, and it looks like prices ...