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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 ...
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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 ...
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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 ...
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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...
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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 $...
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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...
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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...
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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...
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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...
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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...