My wife and I bought a duplex in 2012 with an FHA Loan. We lived in half for the required 12 month then moved out and rented to establish the second rental. It now cash flows 1050/month and has appreciated roughly 30k...
Hi, I'll make this brief. I have no assets but am planning a future in real estate. I research occasionally and build scenarios in my head to see how purchasing proprieties will result in cash flow. This most recent s...
I'm trying to figure out my DTI but haven't been able to verify if the following items are counted as debt or not. Can anyone clarify?
1) Car payment: paid by my SCorp
2) HOA payment: this is an HOA payment for a r...
Long story short, I have owned homes most of my life. I remodel houses and most of my houses in the past have been bought cheap, fixed up and sold. I went through a divorce 7 years ago and screwed up my credit. I h...
Hello BP, I found a Duplex in Temple City (25 mins from LA), CA I'm curious if I analyzed the deal correctly. I'm going to try and see if the owner will do seller finance.Front house, 3Br/1 & 1/2 BaBack house, 1BR...
Hi everyone, this is my first post so I apologize in advice if I'm making a mistake. I am new to investing in real estate and upon researching, I found this forum very helpful in learning insights. However, I have som...
Hello, I'm trying to run some numbers on the BP Rental Calculator on properties that I may be interested in house hacking. I'll be using an FHA 3.5% down loan as this will be my first investment property. I'm curiou...
Happy Friday everyone! I'm looking into a couple properties around northeast Dallas, TX and I'm hoping you can tell me if I'm looking at my numbers right for one of them. This would be my first deal in a rental prope...
Hello! My wife and I currently live in an apartment, would like to move into a home within the next year, and would also like to start investing in some STR properties. Is there a clear answer of which one we should d...
Can someone explain this like I am 5? So in the analysis of this property, it shows a positive cash flow of around $300 a month. However, when I look at the 50% rule at the bottom of the analysis it shows a negative c...