Choon Yee Dee
Max Allowable Offer for Fix and Flip
What’s up everyone!? I have a question regarding max allowable offer.
(ARV x 0.70) - rehab cost = max allowable offer
Example: ($900,000 x 0.70) - $100,000 = $530,000.
My question is, why do I have to subtract the ...
Cathey Bayless
Rental Property Insurance
I'm trying to analyze a property a day and wonder how you properly estimate some items: monthly insurance specifically. I'm properly overestimating CapEx for now. On the property I'm analyzing, I have a negative ca...
Paulina Purnama
Am I Crazy?! Overestimating? Or is the market waayyy too hot for me?
Click on the pics above for the MLS listing^^^^^^Sorry for the dramatic title but I am really having issues with my numbers. I was hoping some of you guys could help me out. This is my first investment property. I've ...
Sean Haardt
First Closing Advice
Hello BP Community,Thanks to Josh, Brandon, and all you guys, I am closing on my first buy and hold for 89K in two weeks barring any unforeseen hurdles. I was trying to get an estimate of the monies I need to bring to...
Karma Abdula
Poly Fix and Flip
Investment Info:
Single-family residence hard money loan investment.
Purchase price: $69,000
Cash invested: $35,000
Sale price: $120,000
Summer 2018, I took on this off-market fixer-upper in the ...
Angel Villarreal
1st RV park development
Investment Info:
Mobile home park commercial investment investment in Mentone.
Purchase price: $10,000
Cash invested: $110,000
Purchased a piece of property in a hot booming oilfield area got it deve...
Asher Anthes
Estimating Cash flow
Getting ready to buy my second property, and I want to do a much better job estimating what my monthly cash flow will be. So, first what is the best way to get an accurate measure of what the property will rent for? ...
Hoa Nguyen
Surplas of rehab funds from hard money?
Got some numbers from a hard money lender who had me itemize and budget me reno. Playing it safe, I over estimated some cost to get to the allocated budget. Question is, when the time comes and I finish work, what hap...
Michael A DeAngelo
possible deal in the country
Ive got a house a 2500 sqft home on a 8.5 acre lot in the country. the home is in distress and probably needs 100k in rehab to get most market value out of it. the asking price is 80k and the ARV would be best 300k an...
Thomas Jerome
How conservative to go when analyzing BRRRRs?
How conservative should I be when analyzing a BRRRR deal? I only recently started analyzing deals for potential BRRRR properties and for the projected rent I have been putting in the 25th percentile rent for the area'...