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I wanted to share something I created, and would also like to get feedback. Like many people do, I invest in several geographical markets, but wanted a way to visualize the expense breakdown of exactly where my money ...
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I recently purchased my first home with FHA. However I now want to begin investing. Can I now obtain another property with a 203K loan? Or do I have to wait until I can refinance and change my loan into a conventional...
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Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...
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Hi,
My husband and I are in the process of buying a fixer upper through a FHA Loan. We just got the appraisal back and while going through it the appraiser noted that it doesn’t not meet the guidelines for FHA becaus...
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I purchased a three story building, which is in a downtown area. On the right side of the building is a small parking lot (5-6 cars) that came with the building. This area use to be another building that was immediate...
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So I have a potential deal...ran the BP prop calc...but might not understand everything I'm looking at...ok...here we go1050 rent927.96 mo expenses122.04 mo cash flow4.37 CoC ROI 7.02 purchase cap rate0.91 income expe...
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I am on contract with my first property and just got the inspection report back. This will be my first investment property and I am not sure how to handle all of the suggestions from the inspector. Want to hear from y...
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Hello BP Community! I recently purchased my first SFH in January, have a tenant that moved in at the end of March and was excited to get my first check from my property manager for the April rent, until I received a ...
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Hello Bigger Pockets Community, I am interested in investing in the Albany New York or Troy New York markets. I have been targeting 4-10 unit properties in the area as a cashflow play. However, I am a bit concerned a...
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Hello,First time investor here. Received an inspection report on a triplex. Really thought it was a turnkey investment with inherited tenants. Using an FHA loan and will be living in one of the units for the first yea...