Jack Stovall
Seeking Advice on 203k Loans for Multifamily Properties
Hello everyone,
I'm currently exploring my options for purchasing a property and have had my eye on the 203k loan. From what I understand, this loan allows me to add value to a property while also putting the lowest ...
David Light
Spreadsheet Calculating Cash Flow and Net Worth Based on Purchase Timeline
This weekend a friend and I were talking about when we would be millionaires. He started using the Dave Ramsey calculator to determine how his IRA and 401k would grow. We realized real estate should be a part of the c...
Arjay Vergara
Getting Started on Analyzing using Hard Money Loan
My wife and I have our first rental property under our belt: a single family residence, purchased in end of 2016, fixed up, and started renting in May 2017. We quickly learned that we want to scale and make the move ...
Christian (Whitehead) Scott
Does the BP Rental Analysis work for HomeStyle Loans?
Hello BP Crowd!I'm using the Rental Property Calc to determine if a listing is a good deal or not for a renovation loan.However, when I insert the Estimated Repair Cost that amount is added to the Total Cash Needed, w...
Bret N.
MAO for Cash Flip Vs Creative Finance Flip
I had thought that when I go out on offer presentations that depending on the deal, I might be able to offer a variety of situations for the seller but determining the MAO between the two has been a challenge.1) Cash ...
Simon Huber
If you could start all over again ...
If you guys could start all over again, investing in Rental Property … what would your first 5 steps be?
Stanford Neal Mead
How To Approach A Potential Partnership?
Hello!
We’ve been approached by a potential partner for a flip we are considering. My wife and I are still relatively new to this business, and we want to make sure that we’re taking all of the necessary precautions...
Wendy Begy
Apartment Building, need help with cap rate
Im looking at a beautiful 148 commercial apartment building. 21 million. Can someone give me the best way to get the cap rate, Im struggling with this one. :roll: Want to see if its going to be a good investment.
Jeremy Keone
1031 Exchange. Net profit or capital gains?
When purchasing the “replacement” property, do we need to purchase a property equal to or more than, the Capital Gains or the Net proceeds?Sell “relinquish” property: $287kLoan balance: $115kCommission, fees: $15kPur...
Alesha Irvin
Rates vs home price
Hey hey!! I’m still a newbie but I can’t help but to see what’s happening in the market over the past couple years. So question for the pros… which is worse? Low rates and inflated home prices or average prices and hi...