What are your thoughts on this? If you wanted to pull out ~$150,000 from a free a clear property, to buy (immediately) 3-4 less expensive properties at a distance, would you opt for a cash-out refinance or a HELOC? I ...
Here is a question that I was asked the other day that got me thinking. I wondered if anyone could be more creative than I was in finding a solution to this challenge as my answer was a dull buy and hold and keep fore...
Good Evening,I've been playing with some numbers in the Rental Property Calculator/Analysis and I feel like something is off. For a 4 unit small multi-family, for my monthly cash flow to be $100/unit, it is showing my...
From J Scott's spreadsheet, it seems to be included. I thought I've read other people say it's not. I;m trying to make sure I'm using a consistent calculation as I evaluate various properties and discuss Cash on Cas...
I've been working on upgrading my toolset to better serve REI, specifically the FTHB owner occupant budding "house hacker" REI that we have a LOT of around here.One thing that's been bugging me is how to calculate cas...
Looking at a duplex. It is in a good school district and good neighborhood. The asking price is $247k. My realtor said it is not unreasonable to offer $230k. Judging from videos property is in good condition. No major...
Hey All. I thought I would share this cool package with the community that we put together for an Investor last week on Friday. We are set to close on it this week, I thought some feedback from the BiggerPockets membe...
Hey BP. I've finally found a property to get my feet wet in REI. I've ran all my #'s on this deal and it's meets all the ROI requirements I have made for myself. An agent friend found this deal when he picked up a ...
I always see people looking for a specific number for their cash on cash return. For example, Brandon likes 12% or higher, and he calculates this by taking the annual cashflow divided by the cash that is invested.My q...
There are two primary financial metrics when evaluating a multi-family investment opportunity. The first is Cash on Cash (CoC) and the other is Internal Rate of Return (IRR). Most non-real estate investors will seek t...