Bridgett Elliott Golman
Deal or No Deal for a Multifamily Purchase
We have an opportunity to purchase a Multifamily for 47k. We own several properties now so instead of traditional financing, made an offer to the owner for $52,400 to be paid in 3 years with no interest. The deal lo...
Arie Slaa
Refinance for 20% down in 2021 or not?
Hello Bigger Pockets,Newer investor question here. I currently own 2 properties. condo with tenant. and townhome i want to move out of in early to mid 2021 to rent out (or sell). What is best way to purchase the 3...
Susan Armstrong Fisher
Target Amount of Equity for Cash-out Refi
When is the right time to refinance a property when pulling cash-out? Is it ideal to have a certain amount of equity so that your payments don't increase? I'd like to avoid decreasing the amount of cash-flow I recei...
Carol Frome
Turnkey, good manager, but Low DCR
Would you take a chance on a turnkey SFR (no big capital expenditures necessary) with a DCR of .89 if you had an excellent property manager with a track record regarding vacancies? I've been operating on the assumptio...
Luke Aragon
Cash offer with no cash??
Have my eyes on a lot of land that will definitely be bought cash. I have about 1/3 of asking price but will easily be able to qualify for the financing.
Question-is there a way to borrow the cash to acquire land an...
Sean Harris
1% rule on a BRRRR?
Looking to do my first out if state BRRRR in the next month. I was just wondering if the 1% rule still applies to a BRRRR deal? I understand I will be buying the property cash and then fixing it up to then refi and ca...
Nuhan Demirkan
profitability formula
Hello, I manage my own properties and they all have various cash on cash return rates and equity. I am thinking about developing a formula that considers the annual cash flow, cash invested, equity and management hour...
Account Closed
Having trouble with BP rental calculator....
Hi there, I would be extremely appreciative of some help here. I feel dumb for asking the following but I’m using the BP renter calculator and I’m having trouble figuring out what numbers I should be entering into the...
Billy Quirke
Compromising to Keep Going
Hey Everyone,
I currently have a single family home where I am renting one of the bedrooms (my primary home) and a duplex in a neighboring City (Joliet, Il). I've owned the single family home for 4 years and the du...
Suhendri U.
Negotiate MF deal so we have cash for repairs
Folks,Need advices and opinions from expert on what term to negotiate. Here's the deal we are working on.Multi family, sales price $240,000-Monthly rent $2450 (tenant occupied 100%)-Annual tax $6382-Annual insurance $...