William J Melius
Looking for more insight into analyzing properties.
I realize that analyzing investments properties is a fairly simple task, yet I seem to find my self unable to calculate certain variables. I would love some insight on things like average closing costs,insurance, taxe...
Robert Hursey
Assest protection and Privacy in Illinois
I am curious how investors in Illinois approach asset protection and privacy protection since an LLC costs $500 as opposed to the $50-$100 in most states. I am aware of the power an Illinois Land Trust provides for p...
Ted Tronnes
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.This is my first post/question on BP! and my very first deal to analyze. Be gentle. Thi...
Scott DuChene
Newbie wonders: sweat the details or use big picture strategy?
I am working with a realtor to find an out-of-state multifamily property. I have obtained a home equity line of credit for 2.99% to use for a downpayment. And have been pre-approved for a conventional loan at 3.67% to...
Patrick Nuciforo
Refinance/Cash Out - Did I mess up?
I turned my primary residence into a rental property. Did everything right by getting the correct insurance into my business name and changing the title into the business name (cost over $2,000 to the State of Florida...
Jason V.
Typical Closing Costs/Upfront Costs for Commercial Lending
Good Morning BP Community!I know, I know: It depends. BUT, for the sake of gaining some really general knowledge: On a "standard" $500,000 deal, what would be a best guess for closing costs and/or upfront costs? (FYI:...
Samuel Beshara
Joint venture with seller to fix/flip
Hey Guys,I know some people have discussed this before and didn’t really get a clear or positive answer. I wanted to get more information on if I were to structure a deal where the seller keeps paying for the ongoing ...
N/A N/A
Looking at real estate in Florida
Hi, I am in St Augustine this week looking at real estate to buy in about 2 yrs. I have driven down the east coast as far as Palm Bay/ Melbourne and tomorrow I will drive to the gulf side to see Inverness and the sur...
Joel Barjon
Concern about Bigger Pockets calculator.
Question: how do they calculate cashflow? I believe cashflow is the NOI minus mortgage. Please tell me if I am wrong. I was trying to make an offer on a duplex just to see how much cashflow it will generate. The cashf...
Dan Meier
Closing Costs For Short Sale Double Closings
How are closing costs customarily split between the investors and the bank during a closing? Fees may include Doc Stamps, Abstract Title, Title to Close, Recording, and other miscellaneous closing fees. Naturally, I'...