Roy Mitle
Trying to understand cash out refi
Suppose I buy property with cash (to get a better deal, quick close etc). Can I refi with a mortgage and get the same rate down the road?Let me explain. Say price of home is 500K and investor mortgage rate is 4.5%. I ...
Colin Alsheimer
Help me understand cash only offers
In my market, I see a lot of listings requesting cash only offers. Does this mean they're looking for buyers who don't need financing? With properties retailing from 400k-800k, I can't imagine that's the case, but may...
Mark Brown
Help me understand this asking price
OK - I found about a pocket listing a few weeks ago. Here are some of the details. 26 total spaces, 11 occupied with park-owned homes, the remaining 15 are vacant. However, 10 of the vacant spaces are newly outfitt...
Joe Web
Understanding Cash on Cash on Sale
Hi friends,
I am trying to understand how CoC is being computed in this below shown image? I was unable to upload the image here, so i have uploaded on imgur.
Purchase price of this property is 4.1Million, Total acq...
Benjamin Walter McPhail
Understanding Mortgage Fraud and Loan Types
If you buy a home and decide you would like to rent it out soon after its purchased, can you go back to the lender and ask to change the loan-type to an investment to avoid committing mortgage fraud? If so, what is u...
Naor Biringer
Understanding BRRRR calculator report , need help
Hello to all,calling all Investors, I am missing some expenses in the BRRRR calculator:
I cannot find where does the calculator takes in consideration the interest paid to the HML in the 6 months period to refinance ...
Jake Scott
Understanding a Profit & Loss Statement
Attached is a P&L that was sent to me. I'm looking for some experienced investors to give feedback on what to look for when reading a P&L. I know it doesn't tell the whole story but highlights or things you se...
Cody Laughinghouse
Understanding the Numbers on a Deal
Hi BP colleagues!
I am a new investor eager to get my first deal under my belt. My goal is retirement from my J.O.B. by 35 and focus solely on investing.
I've been reading the forums, listening to the BP and other R...
James Ashley
Help Me Understand The BRRRR Method
I'm having a hard time understanding how the BRRRR method is beneficial. I understand how it can be used to buy a lot of property but confused on how this method actually makes you money.As I understand it the BRRR me...
Jon C.
Help me understand seller financing criteria
I think I understand the basics of seller financing methods. I know people use "subject-to" a lot but I believe that is one type of seller financing. But there is also lease option and I've heard Agreement for Sale or...