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Looking to structure a deal between myself and my dad. It would be a duplex investor purchase with 20% down. 10 % from me and 10 % from him. We agreed that since I would manage everything and take 10% off the top o...
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Hello All,
I have tried searching BP for the answer to my question with no luck. I am trying to analyze a property using the BP Flipp Calculator, however my confusion comes when it requires me to enter a holding cost...
Wondering about a couple different strategies for handling repairs, capex, and vacancy. From what I've read and heard from BiggerPockets, it's a good idea to set aside a certain percentage of the rent each month to co...
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I just started my own personal 90-day challenge on June 1st. My goal is to find a multi-family to buy and hold in my area. I am currently looking at a few different properties and trying to make sure I have most of ...
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When calculating cash flow, you hear a lot about how much you should budget for various reserves (7% for vacancy, 10% for property management, 5% for cap ex, etc. etc.). My understanding is that you're calculating a p...
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I was wondering if anyone would mind sharing what rates you are getting right now when looking at conventional loans. I'm looking at a triplex for $260k. I'm being quoted 4.75% with a 25% down payment, 30 year term,...
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I'm a Real Estate newb. I'm a successful business person, but this is my first stab at real estate. Ultimately I want to do this to allow my brother to quit his blue collar job and do this with me full time. But I ...
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What’s the percentage of down payment needed on a mobile home?
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Can you like-kind exchange a 3 family the owner is living in to a 2 family that the owner will live in?
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Okay, if this is the wrong forum I apologize. Anyway....I keep reading articles saying that you get better returns if you take out a mortgage. Of course it makes sense that a $300/month profit on a $20,000 investmen...