Tony G
cap rate clarification
When calculating cap rates, i understand in the article below, ali boone advises us to NOT add the mortgage payment. If this is true, wouldn't the cap rate be 4.5% vs 9.7%?
358 x 12 = 4296 / 94500 = 4.5% (m...
James G.
44% Cash on Cash? Am I missing something?
Hi everyone, there is a duplex that I am wanting to purchase, but the numbers seem too good to be true. Is this really a good purchase?Purchase Price: $75,000Taxes: $1,039Insurance: $1,000 (assumption)Maintenance: $2,...
Craig Lessler
Do over funded IUL premiums count as debt for mortgage applicatio
For purposes of calculating a Debt to Income ratio for a Fannie or Freddie loan, does the premium paid each month on an over funded Life Insurance policy (IUL) count as debt? Or do you only count the portion paid for...
Patrick E.
Cash Flow?
I feel pretty stupid asking this but what exactly is cash flow?
Patrick
Jeremy G.
Hello bigger pockets! Seeking advice for 2nd & 3rd property acquisitions
Hello biggerpockets!I'm looking for some advice!History + current situation is as follows
so I've owned my 3 unit property for about 5 years now. I recieved a down payment grant of $5k and put 0% down out of pocket f...
Tyler Solomon
STR Financing - AMA
Have any questions about financing solutions for STR's? Please drop a question and I will be happy to answer, or point you in the direction of someone who can! Would be great to turn this into a useful thread for folk...
James Compton
Probate / Lien negotiations
Has anyone ever helped a potential seller negotiate the liens on a home that needs to go through probate? The seller is interested in selling if we can reduce what is owed. Current debt includes a HELOC, credit card...
Jonathan Mudoni
Need to assist my sibling resolving a personal debt conundrum
I have a younger sister in her early forties whom i've managed to get interested in real estate. She sees the sense in the whole thing and in life she has a senior job as an associate director in the civil service. It...
Justin Salera
Schedule E and mortgage financing
Hi, I am a newer house hacker and will be looking to purchase another property in 2023. As many may know, house hacking you rely heavily on the rental income to be able to qualify for more debt. This year I spent allo...
Harold Hanover
Making assets invisible
Hi Everyone, I'm a small fry investor. I think it was podcast 569 with Tom Wheelwright (not totally sure) where I believe I heard David Greene make reference to realizing he was a sitting duck with high value visible ...