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In the above image how is the ROI with 25% down being calculated to come to the answer of 16%? If someone would show some brief steps as to how they are arriving at this figure it would be greatly appreciated.
Sinc...
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Started off in computers in 1992 long before anyone knew how to power them on. Had a lucrative career in computer networking from 1998-2003 before I retired and moved into real estate. But I have to admit that I am no...
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Need some advice on what to do here. Quit my job 2 months ago and I am now self employed as an agent and investor.
I currently have (2) commercial loans (balloon loan) under my personal name and if I cant refi by ...
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Hello everybody,
I am in the process of buying a duplex and I had an inspections and the hot water tank had a bulge on the side of it where a leaky pipe was dripping on it. Would you think I would need a new hot w...
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Newbie from Los Angeles,Ca. Looking to get started in real estate investing, need help!!!
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Hi all-- I am looking at comps in Northern Michigan-- popularplace but not a lot of comps to pull.comps I could find--sold dates 5-16 to 10-16Subject property--1972--3/2--2197 sq ft-- asking $145,600 (REO){ my ranges ...
Hello! I am brand new to this site and have tried to jump into this recently. That being said, I am not brand new to the entire field and have some experience.I spent time in both the banking/lending field and the pro...
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Greetings Team,Trying to figure out what to do here... House "a", used to be our primary residence, when we lived there we took out a HELOC against it. It is paid for so the HELOC amount we had access to is/was pretty...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $63,000
Cash invested: $22,000
Contributors:
Daren D Wagner
BRRR property.
Miscommunication with P...
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Hey All, I have been looking into conventional homestyle reno loans and while running numbers to determine my potential back-end ratio i had a thought; does a conventional lender take into account imputed income when...