Foster Algier
Consumers super confident about housing
WASHINGTON – March 9, 2017 – Consumer confidence in the housing market has hit an all-time high, according to Fannie Mae's Home Purchase Sentiment Index (HPSI) in February, rising 5.6 percentage points to 88.3 – a rec...
Ricardo S.
Charity Donations
What percentage of your gross yearly income do you donate to charity? also with what frequency (monthly, etcc) ?
Cp Rahaim
Proforma and Making First Purchase
I am creating a proforma to analyze deals. I am looking to buy my first property and need some advice on metrics. Do you look for a certain cap rate? Cash on cash return? NOI? Appreciation? Also, do my numbers l...
Francis Dayamba
Condo Revenue Estimator-Vacancies and Repairs
I am looking to buy my first investment property and for this area (Surrounding DC area and Northern Virginia) the only thing I can afford is a 2bed/1ba condo or smaller. I am having issues estimating how much to put ...
Brandon Reed
Central Florida Rentals - What is a solid Cash on Cash ROI?
Hey BP!My wife and I looking to purchase our first Rental Property and I've been using the calculators provided on this site. As I've been inputting a bunch of "practice properties"...I've had a hard time getting a fe...
Jimmy Bradford
Credit Union Re-finance of a fourplex in CA
I'm looking into refinancing a fourplex through my local credit union. I'm unable to qualify for traditional lending at bigger banks because I own too many properties. The credit union are offering me 5/5 loan. I'm ...
Colton Lanham
End buyer profit
Hello all,I know the 70% rule. Is the 30% the end buyers desired profit. Or is that 30% have all their expenses excluding repairs cost? I’m asking after using wholesale calculator here on BP.Thank you,
Brian Fung
Modeling Fix and flips
I have 2 questions:
1. When you underwrite a fix and flip deal in your upfront due diligence, what figures do you us for the cost to sell? (do you use a percentage, standard fixed fees + percentage, etc)
2. When yo...
Jason Crowe
Commercial/Investment Mobile Home Cash Out Refinance
Can you cash out refinance on your investment commerical property and investment mobile homes from a lender? Is there vendors out there that will do this sort of cash out refinance as a package? As a package though ...
Bernie Huckestein
Using multiple self directed IRA
My wife and I both have IRA or old 401k monies that could be moved to a self-directed IRA...can a property be bought 100% (no financing) with the combination of IRA funds (hers and mine) say 50/50 or 75/25?I don't thi...