Hi all,I am looking at a condo for sale at $171,000 in cash that needs $6k of work as a rental. ARV of $195k. HOA fee is 210/mth, Taxes $80/mth, Ins $25/mth. Rental rate is $1800/mth. I am happy with the cash flo...
Hey BP's. Happy to say, I have paid off one of my rentals entirely. I would like to hear what you would do. Personally, I'm interested in acquiring more properties, flips, investments. Would love to hear what others h...
Hi everyone,Hoping you could take a look at this deal and help me see what I am missing:Property is a condo constructed in 2003 and located in a college town.Asking Price: 76,000Cap Rate: 4~5%Current Rent: 650/m 7800/...
Hey everyone!
First of all, I wanted to say thank you to everyone on this forum. You all have been a great resource for helping me buy my first rental. I’m in a position now where I am looking to add to my portfolio,...
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*This link comes directly from our calculators, based on information input by the member who posted.Here's the deal. I'll have more accurate numbers by the end of the week, but as it stan...
I would like some opinions from experienced investors. I am ready to buy my 3rd rental property and curious about what you would do. I can't decide if I want to purchase a property in full with cash from savings or if...
Hey investors! Is there a rule of thumb people use when considering whether the closing costs are worth it when looking at a cash out refi of an investment property?Here's an example scenario I am looking at....to pul...
Hi BP! I am looking at purchasing this property as a primary residence. I would be living in the property for 6-12 months before turning it into a rental; I have made my lender aware of my long-term plans for the prop...
Since the interest rates dropped I decided to refinance my rental property into a 15 year mortgage which raised my mortgage $200. The mortgage now is $1200 and im receiving $1750 per month in rent. I just received the...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All,I am in need of help with this. What would you suggest I change to get 12% Cash on Cash Return a...