Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
Has anyone used a HELOC on their primary residence to finance their first biggish deal? I found a decent deal that works with a 20-25% down but when I factor in paying back even the minimum on the HELOC (1% of outstan...
My fiancé has over 200k in equity in her home. Her DTI is way to high to pull any of it out. We are trying to buy more properties so we’ve decided to sell & start over. The property we live in now is a 4 bed 1.5 b...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello, I am reviewing this potential rental property and I can’t figure if I am being too...
Hey BP members,If you have read any of my other posts this week, you know that I am closing in on making my first real estate investment. It has ultimately come down to two different duplexes. Both have their ups and ...
Let’s say if u have 500k how would u like to invest it? Would it be cash for 2 duplex and get the cash flow and debt free? Or leverage yourself and get a small apartment complex? Which one would be a better option?
I’m a little conflicted about different borrowing strategies. (this is kindof a follow-up post to my earlier threads on 20% and payoffs)
If it’s better to borrow indefinitely, then why doesn’t EVERYBODY a...
Hi All, Can you look at the numbers below. I think the numbers make sense. 6 Flat B Area. Gross annual rental income $68,400Net Operating Income $25,500Cap Rate 6%P&...
I am interested in a MHP that is for sale in Dallas metro. The MHP does not own any mobile home - only lots are rented. Can you please suggest how the deal should be structured to keep the property taxes at current...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Fayetteville.
Purchase price: $3,200,000
Cash invested: $50,000
Contributors:
Rodrick Jackson
We fou...