Alex Brandt
Construction Loan - Structured Right?
Hello,
i am applying for a construction loan and it doesnt add up for me.
Background: On August 15, 2016 I bought two lots for $5k each. Each lots are 1/4 an acre with stubbed out city water/sewer, gas, and high sp...
Cliff Sands
New Investor - 4-plex opportunity analysis help
Hi bigger pockets fam…I’m REALLY new to this as in I joined the forum about a week ago. I have an opportunity I would like to get some perspective on if you wouldn’t mind. I located a new construction 4-plex in an ...
Paul D.
Cash Out Refinance Reno Before 6 Months
Okay,
I got my first deal lined up. I am going to cash purchase a home for 40K and put 15K into it in renovations. Comps show it should on the low end appraise for 67K high end 73K. However, I want to cash ou...
Christopher Currin
Calculator for BRRRR and others
Hello!When using the BRRRR calculator I am trying to run the numbers, and others. The calculator will not let me put $0 on the loan amount/acquisition cost. Lowest it will let me do is 1$. Any way around this or is t...
Brad Glenn
Harrisburg, PA area
Excited to be working on these deals:_________________________________________________ Property 1:$36,100 Purchase price$13,250 Estimated renovations------------$54,550 Total acquisition cost$895 rent10.7% cash-on-...
Joe Worley
cap rate
I understand that the cap rate is NOI/Purchase price. My question is - what is included in the purchase price?. Should it be the purchase price plus any acquisition cost?
Phil Park
First rehab, I need some advice on financing and also exit strategy
I found a two unit deal in my local area and I am looking to do my first rehab project on this property. Basic facts about the property,Property Price : 15k (I was told there is a LOC on the property that needs to be ...
Steve H.
Buy/hold in Philly suburbs or Delaware-advice for a newbie?
I am just starting out in REI and starting to practice looking and evaluating properties for sale on realtor.com. I know I won't find the best deals there, but without any experience doing this before, I think that is...
Tim Youse
BRRRR - am I getting it right?
Before I actually make my first BRRRR purchase I wanted to make sure I'm getting it right. Let me know if I'm forgetting something in my numbers below please: Buy purchase price $50,000 down pay...
David Minaya
ROI on 0% Down VA Loan
Good day hope you all are staying safe during these troubling times. I was just curious what metric/formula you all are using to calculate ROI on a 0% down loan for a rental. Obviously you can’t use COCROI.