Im looking to use this formula to calculate my offers on deals to cash buyers who fix and flip. It was suggested that I calculate fixed costs at 15% of the ARV, and the end buyers profit at 30% of the ARV. Is this rea...
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Hi, I'm a newbie from central Massachusetts hoping to have my first deal to fix up this winter.
I've been practicing at analyzing deals and I'm wondering if the 2% rule (where the possible rent should equal about 2% ...
I am looking at buying a rental property, but I have no down payment. I was thinking of utilizing a line of credit of $25K-35K for down payment and closing cost (6.2% interest). I believe this is a great deal of a dup...
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*This link comes directly from our calculators, based on information input by the member who posted.First time rehabber here, looking for any helpful information. I used a HML for this project. Purchase p...
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My father served in the Navy for 4 years - Can I do a joint loan with him and utilize the VA loan options? If so, what do I need to know regarding requirements in a situation like this? Can my dad, my wife, and I be...
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Ok guys I need help to see if I'm doing this correctly. Looking for all input, please. Here is a property in Atlanta, Ga that I used the BP Brrr calculator. After reviewing the reports please let me know the pros and...
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OK so I have never bought a property and there is a 12 unit apartment building for sale nearby($448,000). I have no money saved because I have been paying hard on some old debt. Credit score is 725-ish, yearly incom...
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Hey BP people, I created a spreadsheet to help underwrite and analyze airbnb and short term rentals. It includes things like a supply calculator (editable). furniture estimator, mortgage calculator, cash on cash retur...
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So I currently have flip that is almost done but past profit point, I wanted to refinance to my name, to sell or rent. My question is , would I get taxed just for difference of loan and sale price, or would the money...
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Whadup BiggerPockets!I'm new to REI so I have been doing intensive research about what niche I should focus on to the different investment strategies as well as what kind of properties to invest in. Let me reiterate, ...