Ethan Peyton
What is Risk Worth to You?
So I have a choice to make. The two options are very different, but can both be quantified, so they may be comparable.
1. Pay off my car
I owe $7,085 on my car, and monthly payments are $236.
That would m...
Jerry Poon
How to Maximize Financing Ability
I am a newbie investor, trying to get my feet wet. I am wondering what is the best course of action to obtain financing. My intention is to build a sizeable portfolio of "buy and hold" properties that would one day gr...
Pablo Flores
Best way to structure first deal?
This is probably the most confusing aspect of multifamily for me and everywhere I look I seem to find different answers. How would I structure my first deal between two other friends and I? I would be the one fin...
Sam Valme
How to unlock a HELOC
Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...
Jaago Viitkin
J Scott Analysis
What am I missing? What is the formula for Equity Accrued?I am calculating equity accrued in this examplehttp://www.biggerpockets.com/renewsblog/2010/6/30/...He gets 3251 dollars!I get 2129x12-320000x7% = 3148 dollars...
Derrick S.
Making MoHo's lendable
Simple thought; likely a simple answer.I'm in Alaska, and there are a good amount of mobile homes / modular homes/ trailer houses on land. These are almost always owner financed or cash-only, because they aren't "real...
Shane Fujimoto
HELOC to purchase investment property
Aloha all!! Last year my wife and I did a cash out refi on our primary residence, and removed my name from title, which gave us 400k. I used that 400k on a downpayment for me as a primary residence on a 863k home whic...
Eric Bette
Lender requesting "letter stating the amount of rent..."
Hello all-I'm in the process of getting a mortgage into underwriting as I'm negotiating the final details of a property I have under contract (closing on 2/15). The lender is requesting "letter stating the amount of r...
Ricardo Nieto
Reno NV help with lending
Hi everyone, I have a pretty specific question regarding lending.So a little bit of background, I have one rental property under my name cash flowing a little over 400 a month with a 100,000 mortgage. My partner has n...
Federico Cantero
Build to lease
God night to all.
My name is Federico and Im starting on the Real Estate business down in Central Mexico. In this country, as you can imagine the RE business is a hole different animal that in the USA but numbers nee...