My first fix & hold just turned into a fix & flip. I need help with how to figure the numbers to make sure I don't get stuck with capital gains. Here's the deal...
3 months ago my husband & I purchased a ...
My first fix & hold just turned into a fix & flip. I need help with how to figure the numbers to make sure I don't get stuck with capital gains. Here's the deal...
3 months ago my husband & I purchased a ...
So here is my dilemma. I think for me in my investing, either going the Multi-Family Rentals or Flipping or BRRR, still trying to decide. But I think in all cases using a Wholesaler might be a great idea, but I can't ...
Could someone help me better understand the typical terms of a HELOC. I know what it is just a little confused on some specifics. Once I use money from the HELOC, what are typical payback terms? Aren't they short t...
I’ve come across he formula for dealing with Gross Rent Multiplier, which is the selling price of the property/gross rent per year. The book I’m reading is using an example of a $200,000 house with an 8.5 GRM due to $...
Hi Everyone,Recently on my drive for dollars I cam across a 3 flex that is listed as a HUD property. This multifamily had a hug sign in window explain it could only be financed up a HUD loan. Has anyone seen this type...
Hello. I'm brand new to BP but jumped in as a pro user. I'm playing around with the calculators. The rental one is straight forward but I'm having trouble understanding the BRRR calculator. I understand the concept bu...
We are at the beginning stages of starting our business - getting business cards, etc. and we chose to go with Fiverr on these projects at the recommendation of others. Well, I am having a hard time communicating wi...
Im working on negotiating a deal and the seller offered the following terms. I need help understanding exactly how this would work out:"Balance between your cash and agreed upon price would be financed at 7.5% with pa...
Hello,I am looking at properties with cash flow and potential appreciation in FL. Looking at Tempa, FL in zillow, A number gets my attention. "The percent of Tampa homeowners underwater...