Thuy Pham-Satrappe
Who pays closing costs on equity split buyout?
2 brothers inherit a property with substantial equity. One wants to cash out and the other wants to fix it up to keep as a rental. Brother A offers to buy Brother B out of his half of the equity (using fair market va...
Ryan Green
Management Corp to LLC model?
Hello BPers,I’ve been actively following and learning along for several months preparing to begin doing business in Q1 of 2020.I was planning to go the LLC route with my partner for purchasing properties, but I got in...
Jason Fraser
Help structuring an offer
I could use some help with putting togther an offerThe ARV for the property is $785k. Needs $260k in repairs. This is a higher ed property so I need to factor in 15% f the ARV for the rehabbers property. I would like ...
Kim Hud
Interest Rate and Annual Percentage Rate Question
New BiggerPockets member, 1st time home buyer, and 1st post! Recently got approved for a FHA 203k loan - yay 😃
My interest came back 3% but my APR came back 4% what is that about?
Am I ultimately paying 4%? Is thi...
Chad Bixby
What do you think of this deal?
We found a rehab in the local area in a good neighborhood surrounded by good schools. Here are the specifics.Sale of home = $80,000Cost of rehab = $30,000Real Estate Fees =$6750 (max)Bank Closingg Fees (I need help h...
Alan Crookham
Do we lose 50% of earnings in fees for flipping?
Is this math right? I have been in rentals for a few years now, just two properties, and am looking to move into house flipping later this year when things calm down more. I’m looking at these numbers though, and do c...
Mark Hong
Cap rate /COC Determination
Hi All,I have a simple/stupid question. Do you factor in property management fee as part of your formula to calculate Cap rate?When I was searching for properties, the listing agent's calculated Cap rate almost never ...
Rodney Kuhl
Lease Up Fee when analyzing a deal
When you are analyzing a deal, do you consider your vacancy rate as enough to cover the lease up fees as well as any costs associated with turning over the unit? If not, how do you incorporate that into your analysis?...
Kyle Hilliard
Rental registration fees
Hi Everyone, My wife and I are looking to buy a small multi family property to house hack in the next few months. We currently own a SFH in Meridian Township, MI (right next to East Lansing), and are trying to decide ...
John G.
Buy a condo, then sell later VERSUS rent for a year + ?
Hi all,I'm considering moving to another city for my first attempt at a fix-n-flip. I had planned on renting in this new city for at least a year during the entire process. But I've recently started thinking that it m...