Will Murphey
cash on cash return (Should I cash out with a mortgage?)
Hi all.
Please review my analysis of increasing my return on my ‘paid off’ rental property.
Today I read a book that described cash on cash return vs ROI. and I’m thinking about obtaining a mortgage to get a better ...
Saul Rappeport
seller concession in 1031
Greetings,I am in discussion with a potential buyer on a condo I want to sell. The buyer wants to borrow more than the sale price, and would therefore be doing “seller concessions” at the closing table. eg, if house i...
Brian Dickerson
First deal - do these #s make sense for BRRR?
Working on our first deal and would love some input. Originally was looking for close to turnkey buy & holds but it's not going to work for our criteria in the market we're focused on. Trying to learn more about...
James Yang
Need your help! Buying my first house and need advices on financing.
Hi guys!This would be my first post at BP. I am in the process of purchasing my first house (woo hoo!) and need your help figuring out what to do with my loans. Purchase price of $1.1mil, and I am planning to put in s...
Brandy Anderson
1031- capital gains
I can't say enough times how much I LOVE Bigger Pockets and the fact that I have a place I can come to and ask these questions without having to weed through articles on google from potentially unreliable sources. I n...
Brandon Turner
Cash on hand with debt
Is there some kind of general rule on haw much cash to keep on hand compared to the loans you have out. Say you have $30,000 in cash how much would you feel comfortable having loans outstanding on that amount?
Michael Dunn
Cash-Out Refinance..... Start paying Interest immediately ?
Just had a quick question please, regarding Cash-Out refis. 1. Do you get the Amount of Cash from the Refi. sent to you , via a Check ?2. Do you start paying Interest as soon as they Lender writes you the Check ? 3. ...
Nessa Lyn
Son not approved for enough
My son who turned 18 in Jan, has been working for the school district and was approved for a conventional loan. The only issue is he's only approved for $180k. There is nothing habitable in or around Albany Oregon for...
Jason Malabute
POTENTIAL OBSTACLES OF BRRRR
What are potential obstacles when trying to BRRRR? For example:1. Are there cases when you can't refinance ?2. If you buy the property in cash can you refinance?3. Do you have to have a W2 job to refinance? Do you ha...
Ertha Luma-Gruber
New to BiggerPockets
Hi everyone,
I live in Nashville, TN. I'm looking to buy a couple income properties in Toledo, Ohio. I've been scouting on Zillow for the good deals, but it looks like a good amount of the properties that were recen...