Let's say someone has an interest only line of credit secured by investment property, and that line has a $100k limit at 5% (using round numbers for easy math). Bank pays closing costs for the LoC, but borrower is re...
Hello,My name is Aaron I recently graduated from college. I am working at the moment but I am planning to be in school for a long time (medicine). I look forward to having a nice salary one day, but for now I have no ...
I'm wanting to purchase "Real Estate Finance and Investment Manual" by Michael R. Cummings, but as I'm someone from Canada, I want to make sure it pertains to Canadians if it happens to be a book written for USA or so...
Of course, the 70% - repairs - fee rule applies for analyzing potential rehab and resale deals....
However, I'm curious to know what calculations other wholesalers are using when determining income property MAO? (for...
I have been seeing a lot of posts where the word principal is mis-spelled as principle. I would normally ignore spelling mistakes but wanted to post this because this is an important word in REI and would affect othe...
Hey!Bought a house in Cash - 152k. We put 17k into it. We have 2 options currently:Rent the property for $2,050 / month and cash flow $519 / mo orSell the house for 230k and we hold the paper at 6.5% for 3 years. Ball...
I was listening to an older episode of bigger pockets today and they brought up the discussion of a negative cashflow rental, specifically in the context of turning a principle residence into a rental property. I coul...
For purposes of an investor doing there due diligence and also for situation where a seller has no clue what they owe, interest rate, monthly payment amount etc.Since mortgage notes recorded in the public records does...
Any good books that I are somewhat interesting and not crazy boring on tax loopholes?
I have a hand full of rentals in the area. Rents have steadily increased. I will include my currently longest held rental (not the one I had before but sold though the rent appreciation is the same).
Bought: about 15...