Hey everyone! I have partnered with an experienced investor who said his measure of a good property is a 5 year return. By this he means: the rent collected over 60 months must be greater than the purchase price and i...
Hey BP Fam, I'm currently in process of a cash-out-refi, and getting a loan quote of 1.2M at 7% rate 5yr/30yr amortized.I have a call tomorrow to discuss and or move forward with it. The 7% is high, but is accurate gi...
Can everyone share how people pull out equity from their properties to buy more properties? If you believe in cash flow, by doing this, you would essentially be paying two loans. How does that cover all expenses/mortg...
Im curious to find out what other REI's set as their parameters when starting out for property/deal requirements.
If you could, share what your target investments were (fix/flip, BRRRR, multi-family, etc) and what p...
Hey y’all, I am interested into getting into multi family renting to get myself some cash flow for more investments (essentially looking to start my real estate portfolio). I have around 5 - 10k available to invest a...
Hey guys, I am trying to calculate a cash on cash return using private/hard money. If I am using someone else's cash, and they refinancing them out with say a DSCR loan, how would I calculate the returns? I get the ma...
I was looking for investing and I recently read an article about investing in real estate and in that article it was written that in upper class area's of the town where the price range of the properties are $140,000-...
I’ve got about $45k in my TSP and had been considering pulling some out via a TSP loan to use as a down payment on a potential flip. I’m not retiring any time soon so I’ve got plenty of time to repay myself, and I’m ...
I would like to Leverage my property to buy a new one
Hi all,I had a question about the calculators. The BP Pro BRRRR Calculator is great but I realized that it doesn't really take into consideration if you were to leverage hard money vs if you leverage your own cash. Fo...