Wayne Griffin
70% rule Vs the fix and Flip calculator
lets say the ARV of a property is $320,000 when I apply the %70 rule I get $320,000 x %70 = $224,000 - profit of $50,000= $174,000 - repair $63, 860 = $110,000 purchase. However When I use the Fix and Flip calculator ...
Greg S.
65% minus repairs rule question
Hello all, quick question...
It seems that the standard for purchasing investment houses for rehab is to use the rule 65% of ARV, minus repair costs.
Using this formula, about what percent profit is built into the d...
Jack Townsend
One Brokerage BRRRR Loans
Does anyone have experience with the BRRRR loans? I am curious if anyone is using this product to build their portfolio. What is the time period required before refinancing? How do you determine the rehab budget with ...
Naillah Valor
How to offer tenants chance to buy?
Hi. I'm am working on putting a wholesaling deal together. After his aunt passed away, the seller inherited 2 properties (single-family townhomes) with tenants in them. He has a lease for one and not the other but bot...
Gerardo Gutierrez
Refi after a cash purchase best strategy
Hello Bigger Pockets community, wanted to ask what is the best strategy to get the most money from refinance after initial cash purchase?I am trying to buy a rental property that looks like it is going to need roof re...
Dan Constantine
BRRRR refi and cash flow
What factors of a property analysis let’s you know if you will still have a positive cash flow after doing a cash out refi on a BRRRR property? What do you look for? Does the 1% rule have anything to do with that?
Aaron Coon
How to know if a BRRR deal is good?
I have been studying and reading yall’s posts for over a year and have learned a lot about how to analyze a good deal with the traditional buy hold an rent method. I know about the 2% rule, cash ROI and other metrics ...
Mike Dotson
New Investor - Illinois
Hello, I am relatively new to real estate investing and looking for suggestions for areas to invest in Illinois/Wisconsin. Specifically, I am looking to buy and hold and build up a portfolio. I’ve watched many of the...
Parish Simmons
Commercial ARV
what is the best way to determine what a commercial property will be worth after rehab or how much the property is discounted, such as previous selling prices. Also what is a discounted price per square foot for of...
James Syed
50% vs 2% Rule
Hi BP,
For a single family house that rents for $600 (all utilities paid by tenant), which rule is better 50% or 2%?
I just want to compare these two rules. I understand purchase price is determined af...