Account Closed
I would like a little understanding
Okay I don't understand lets say for example a house ARV is 319,000 and the house need 35,000 in rehab and I get it down to 94,200 the (MAO) on the purchase and sale agreement. Then I find a buyer and sell the contrac...
Milind Shastri
Understanding slab foundation split in half
Hi folks,
I'm a DIY'er myself and I picked the DIY section so I can learn from the experience of other hand-on folks. I'm trying to understand the approach to recommend to my foundation guy.
I'm working on a BRRR p...
Kenny Kuramoto
Trying to Understand my BRRR numbers
I want to see if this is how people analyze their property. PP= $100kARV = $175kRent = $1400Rehab Cost = $40kProperty tax = $500PM = $100Utilities paid by Tenant.Is this right?Cash Purchase Closing Cost + Rehab + Refi...
Matthew Brand
Trying to understand 2%/50% rules
I'm trying to learn more about REI and am having a little trouble with the 2% and 50% rules. I understand the concept, but I'm having a hard time believing that they're regularly feasible.I currently own one rental pr...
Jay Holder
Need Help Understanding a Lenders Deal
I am working with a lender on a property and they seem to be willing to work with me. The one thing I need help with is understanding their term sheet the way it is written. Based on the below, it looks like on this...
Benjamin Rosemont
House Hacking and Understanding Zoning Laws
My wife and I are planning to house hack and want to be sure we can legally do so before making an offer on a property. We are looking in the Salem, OR area, and I'm having a difficult time getting a straight answer a...
Karin Maceochaidh
Understanding refinancing a seller financed purchase
Hello, new to this, and attempting my first purchase. I have the opportunity to buy 2 adjoining properties, each with a 2bed/1ba home. They have to close together per the seller. They are priced under market value, no...
James Saturley
Help understanding (maybe) CAP/NOI/PRICE
Hello BP. I'm not sure if I'm having a difficult time understanding the relationship between Cap rates, NOI, and Price. Maybe I'm not, but the prices that multi-family units are selling for in Tampa, don't make sens...
Joshua Dorkin
Understanding the Foreclosure Process: Foreclosure Basics
Foreclosures can seem very complex, but they don't need to be. We've put together an easy to understand primer for foreclosures and the foreclosure process. Hope it helps!
:wowie: Read The Foreclosure Process
Sean Ryan
Understanding Alternative Financing to Mortgage Workflow
Hey All -- I believe I have an understanding of the financial workflow here, but figured this group would have lots of personal experience and or advice. Thanks for your help--Background -- About to start construction...