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Hi all!I'm hoping you can help me understand how you look at your initial investment amount. I purchased my first multifamily last year (and am now looking for a second). Previously, I added together the the percenta...
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I have read book after book after book and I know that the math should be very easy, but I must be missing something in this deal that I have completed. I would appreciate if someone that has a little time would show ...
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I am currently in the market for a 4-unit building for which I would like to utilize an FHA 203k loan to pump equity into my property while I can lease out three of the units and live in the fourth. I am excited about...
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Hello! I have a question that I don’t hear many people discussing! Maybe some of you can share your two cents.When purchasing a property how much money do you make sure you have in reserves?Should you have 10k or 20k ...
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Hi Everyone! I am attempting to analyze my first deal, and I am looking for feedback. This home is for sale for 15,000. The rents in the area are 500-600 for 2 bed 1 baths. I added in about 10k for repairs. I figured ...
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Hello, I'm a new investor in Cleveland, OH. I have a simple question that - after searching the site and internet - I can't find a clear answer to. That question: In order for a property to qualify for an FHA loan, do...
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What your current take on RE investing across the markets?-- pause or keep going?...:) raf
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Hi team,Been doing lots of analysis with the various calculators on BP. Hoping to get some help sense checking a particular analysis. It comes out as negative cash flowing, which is fine - I'm not looking to pursue. I...
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Can anyone tell me what implications exist for a REO that is owned by the Dept of Vet. Affairs regarding investor flipping?
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I am half way through my 15 year mortgage on my one and only rental (so far). The rent pays for the mortgage, taxes and insurance. $1,000 in and $1,000 out every month. I owe $71,000 and it's worth around $120,000 ...