Simple scenario and question:I'm purchasing a duplex with a VA Home Loan for $270K.Down the road I'd like to do the same thing.A normal VA Loan Maximum is $417K but changes to approx. $533K with a duplex:http://www.fh...
¿whats a good number for Gross Rent Multiplier?Example: 100,000House ÷ $12,000GrossRent = 8.3GRMIs 8.3 good or it should be 1 or 2 ?
I was just wondering if maybe one of the administrators could give a estimate as to when the wholesaling calculator on BP will be available. I'm extremely anxious to use it. Thank you!-Josh
Do I factor the taxes and insurance into the 50% expenses? Half of gross rent minus P&I, or half of gross minus PITI?
Hello all I am a new to wholesaling and I have 2 questions, my first question is what is a common range of the closing cost in the Memphis Tn market? My next question is how do I find the comp on older homes? Can I ju...
Hello all! I recently came across a great triplex in my area that I'd like to house hack. Before putting in an offer yesterday, we found out that it was originally a SFH that the owner added two additional units to. U...
We moved in 2017 and started to rent our house out. Can we claim depreciation on our home?
According to this video: https://www.youtube.com/watch?v=yKg5ca8Em30This guy converted a pre-foreclosure owner into a paying tenant. How would the numbers work on this? From my experience the mortgage is usually highe...
It's been a little while since I posted on BP. That said hey guys! Last time I was on here I was asking questions about a wholesale deal that literally fell into my lap, at the time I thought I had a "Qualified" Cash ...
Hello everyone,How much is a bedroom worth in Brooklyn NY? What percent do I subtract from a comp sale price to get an apples to apples comparison when calculating ARV? How much do you adjust for the age of a house in...