Kim Hud
New Investor: If a deal is not making $200/unit is it worth it?
First time investor. My goal is cash flow. In Brandon Turners real estate book he said we should aim for deals that are 80% of asking and making a minimum of $200 per unit in cash flow after all expenses. In the inspe...
James Wilson
Duplex Househack with Airbnb
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fort Worth.
Purchase price: $475,000
Purchased an up down duplex within walking distance of Texas Christian University. Each ...
Robert Chaiton
How to use HELOC to Finance a Purchase
Hello everyone!
I've been trying to figure this out on my own for a few days now and can seems to figure it out so I'll ask some experts on bigger pockets. I am trying to figure out the HELOC works as a financial in...
Andrew D.
Looking for first property
A partner and I have started up an LLC and are currently in the process of seeking out a lender. We will be purchasing SFH around the Raleigh area and hope to purchase one each year as a buy and hold. The homes will b...
Mike Flora
AVR 70%
does the 70% AVR pretty much stay the same with all market value prices and same SQFT?Example: 100K market value home 2000sqft and 300K market value 2000sqft. Numbers are way different!!!! Seems to much to cut on the ...
James Palassis
Tying Private Lending Rate to WSJ Prime Rate? (As the lender)
I have been lending for a few years now, with terms anywhere between 6 and 12 months. I've been approached by someone I've lent to in the past asking for a 5 year term. Great history with this borrower, always pays, n...
Jeff B.
What is DTI & how is it evaluated?
Debt-to-Income Ratios are the heart of lending, after all, the new loan needs to have a hope of being paid from income. Notice, ratios, plural. There are two and they indicate different risks to the lender, Front-E...
Cody Kantor
1% rule for Buy and hold with Rehab Costs
Hello everyone,
New to REI so I'm looking for a little advice and guidance. I may follow up with a more in depth deal analysis post but for now just a general question on how I should be looking at something.
I bel...
Lauren Carey
Looking to complete my first fix and flip in Baltimore 21239
This will be my first flip and I’m wondering if 12k is enough to get started. I’d anticipate purchasing the fixer up for between 70-85k putting a financed 40-45k worth of renovations into it (ideally only cosmetic; fl...
Spencer Lathrop
Quadplex in Nashville TN (37211) - Analysis
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Nashville.
Purchase price: $370,000Cash invested: $20,000
Quadplex in south Nashville (Nippers Corner). Negotiated an offer the day it hi...