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Hi folks, I am running numbers on a SFR here in Spokane using the tools here on BP. To make the property "cash flow" positively I really need a loan with IR of <4.25% and obviously the lower the better. I have good...
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I have a rental property which nets only $200/month when factoring loan and property taxes. How would I calculate my debt to income ratio?
Option A
DTI = (Mortgage + Car Loan) / (Wages from Job + $200 from Rental)
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Investment Info:
Single-family residence buy & hold investment.
House hack: AirBnb basement in Donelson near Nashville, TN that pays mortgage while living in upstairs.
What made you interested i...
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Hello everyone, my name is Daniel Kim I am 21 years old about to graduate from Arizona State University with a degree in Finance. I am a new BP member and am looking to buy and hold properties here in Arizona. For now...
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I live in Cincinnati, OH. Is anyone in the area able to meet up to discuss real estate or know any groups? I am new to the field and am looking to buy my first rental. I have been reading books, listening to podcasts,...
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My partner and I are considering the most optimal way to structure the private money portion of a potential transaction. We are currently looking at a 11 unit apartment building that would require approx. 140k down p...
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Hello!I'm looking to get into MFR (4 units) investing, whether here in the Bay Area (preferred) or out of state. I'm hoping it would be in the Bay Area since I can rehab myself, but I don't believe I can find anything...
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Hello, First time posting here, I am a recent college grad living in the Bay Area. I'm interested in using real estate investing as a means of income diversification. I don't have much capital around $30K and so I hav...
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I am in the process of getting financing for my first rental property. The lender wants 25% down. Is this standard? Are other lenders more flexible?
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*FLORIDA* Hello everyone my name is Paul. I am fairly new to the real estate business. I own 1 rental property and have 1 year experience working for a commercial property manager. Currently I have completed a FL re...