Isaac Green
How should I calculate sf construction cost for gut renovation?
Hi,I'm reviewing some deals, and one of them requires gut renovation for 5400sf.Usually when I'm calculating construction cost I'm using avg of 150$ per sf, but with gut renovation i'm not sure what number to use for ...
Alexander Monnin
Why Your 401k match isn't what you think *math inside*
Why Your 401k Match Is Not What You ThinkI am going to do a mathematical example to show you the real return of your 401k contribution.Let's assume I make $60,000 per year (a modest starting salary for my major). My ...
Michael Vallee
$100k Cash - Now What? Seeking suggestions on greatest cash flow
What would you do if you had 100k? I have some ideas, but would like to expand my reference outside my own thinking to that of those that maybe have been furtherdown the road in real estate here on BiggerPockets and s...
Michael Ganovski
is the 1% rule applicable to commercial properties?
most know the 1% rule for renting residential: all in cost (purchase, rehab, etc.) all in for say $250,000. I'd want to collect no less than $2500 / mo in rent. So - parlay that to commerical. a $1,000,000 proper...
James Dillard
Loan source for 2nd investment property
I'm looking into buying a 2nd rental property. I have enough equity in my first rental to cash-out refinance a down payment for the second. After speaking with a lender I found that the interest rate would be quite a ...
Kevin Reinell
How to get a HELOC on an investment property?
Looking to take out a HELOC on my current duplex rental, the problem is I can’t find a bank to do a HELOC for a rental property. Is there any banks that do this, what are my options? Thanks!
Vikas Panwar
Buying investment property through Heloc or conversational loan?
Hello everyone,Have built line of credit on my primary house. Though I haven’t open any Heloc account yet but I will. I am planning to buy a rental property upto 200k.have two options1- Borrow 75% amount through Helo...
Eric Thomson
Excel Formula For Max Purchase Price
Hello all!
I am looking for some Excel magic to be able to enter a desired ROI, actual NOI, & actual Loan Terms and it generate a max OOP, which I can then use to determine the max purchase price, but I can't qui...
Account Closed
Flippidy DO DAH - Fix & Flipping Today & making a Mint
One of the most often asked questions is how to get started in flipping. Here is how I determine if I’m going to keep a flip as a “Buy & Hold” or Sell it to an end buyer. Since it’s actually a little complicated, ...
Alex Deal
Guess at Refi value?
Bought a 3/1 in cosmetically roughy shape with a dead central ac unit. Had some mold/mildew built up inside and very dirty white paint. Appraised for 70,000k. I installed new ac unit, repaired and painted outside, k...