Grace Donahue
I need help with rental property analysis
Hello, does anybody know any tools to use for house analysis if the house is already owned/bought. I just need the repair costs, taxes, insurance, and rent. I use the BRRR calculator here on BP. Can I still use it wit...
Drake Espenlaub
How/Figuring how much to sell a Land contract (under contract)
Earlier this year I purchased a property from someone who wanted to get rid of it fairly cheap. It is not in the greatest shape, but he got me in touch with someone that had been asking him about renting it. After I p...
Long Khang
Newbie First Deal Need Help
Three story apartment complex, Built: 1970Number of Units: 29Gross SF: 23,184 SFAverage SF: 653 SFNet Leasable SF: 18,989 SFRoof: Slight pitch asphalt shingleHVAC: Forced hot air, gas furnace/central ACNeighborhood Cl...
Richard Compian
Applying for first mortgage, question?
Hi!I have been working in the same field for the last 4 years on 1099. In 2020 i incorporated my S corp. My question is: From a lenders view, seeing partial income now from a new S corp and 1099 still make me credit w...
David McMaster
[Calc Review] Help me analyze this deal
Hey all,I'm working on landing my first deal. I came across this property that seems really good. There is a lot more work to get it rent ready than I wanted for my first, but seems like a really good price and will w...
Kam Ajani
Analysis on potential first deal - 4 duplex's in Columbus GA
Hey BP Community!I'm looking to purchase my first rental property. I found a distressed seller in Columbus GA, for what looks to be a great deal, but would love another set of eyes on my analysis. Let me know your tho...
Abner Sanchez
Best Formula To Analyze if a House Hack works for you
Hey guys I was just wondering what is the best formula to analyze if a house hack works for you and can produce a good solid cash flow. Feel free to send me Forums as well so I can read up on them. As always, thanks.
Chris Mason
*Live Today* 2023 Loan Limits - $715k LCOL, $1.072m HCOL
Rocket Mortgage, largest mortgage bank in the country, went live with the anticipated/guessed 2023 loan limits yesterday. The largest wholesale lender used by independent mortgage brokers rolled it out today (you can'...
Andy Cross
Contractors Viewing a Property with You and Seller
Hello everyone,I'm sure this discussion is somewhere on the forums, but I just don't have time to search for the answer I need.I'm viewing a property this weekend and I'd like to bring a contractor along with me to su...
Heather Rapaglia
1st rental property
Hello All,
I'm new to this all and was looking for some advise on the numbers I have come up with. Is it worth it to rent out or fix and flip? I'm looking to purchase a home from a coworker, it's not on the market yet...