I wasn't sure the appropriate subforum for this topic, since a few seem relevant.I decided to calculate ROE on 3 properties I own in Oahu, Hawaii. I used exact mortgage balance and used in-building comps to calculate ...
Investment Info:
Single-family residence fix & flip investment in Atlanta.
Purchase price: $34,080
Cash invested: $114,222
Sale price: $385,000
This was my first investment property. I was ab...
I'm looking to pick up another STR. Ideally I like to buy STRs that I also would want to vacation at. I was considering a beach location next. I had my eyes on Destin from a while back, but then prices went nuts and I...
This morning the HOA on one of my properties located in Colorado Springs informed the owners of a "Special Meeting Notice" to ratify an amended 2024 HOA budget due to an unexpected high insurance renewal. I reviewed t...
Quick version: Can I cash out refi to a commercial loan and then refi back to a conventional mortgage? Realizing the obvious spending of closing costs, are there other down sides or obstacles preventing me from doing ...
I want to use my Roth 401K money to invest in a real estate purchase. Can you recommend a custodian either by reputation or from personal experience. Thanks!
I'm a newbie who bought my first property a little over 2 years ago. Bad news is, as far as cash flow, it's a little above breakeven. Good news, due to the real estate boom, I could probably realize about $120k gain a...
I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...
Hello! Thanks to you guys I just purchased a rental property in Minnesota! It's a SFR bought for 60k cash. It appraised for 90k. My questions are: 1 - What are my options to get the money out to do the BURRRR method?...
Hey BP!
I recently got an FHA loan quote from a lender and the total cost down was a lot higher than I anticipated.
Here's some of the numbers
$140k property
3.5% down
Mortgage $980~/mo
Total money down $9,800~...