![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/139247/small_1621418929-avatar-bdeezie11.jpg?twic=v1/output=image&v=2)
Hey guys!! Rookie question here. Can someone give me a breakdown of the 50% rule using this example? I have already calculated it myself, I just want to be sure I am doing it correctly.
Purchase price- $75k
...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/198987/small_1621432670-avatar-pointrepublic.jpg?twic=v1/output=image&v=2)
Hi BP!I have 3 condos in San Diego that I'd like to refinance and take equity out of (to pay down debt). I estimate their combined value based on the current market to be around $900k.The goal would be to extract max...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1462/small_1621345681-avatar-troyce1.jpg?twic=v1/output=image&v=2)
What color bandit signs do you think work best? White with Blue or Yellow with Black?
Also what kinds of catchy sayings do you put on yours? I feel like we buy houses just blend together.
I've been thinking about put...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/402499/small_1621449353-avatar-rondar.jpg?twic=v1/output=image&v=2)
I have a triplex in Akron Ohio. This is my first winter and living in California I have some learning to do on snow removal and snow blowers. I have a tenant that just moved in that I am giving a break of $50 a month ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1322766/small_1695388721-avatar-luisf69.jpg?twic=v1/output=image&v=2)
Hey guys,I am trying to do some bottoms-up market analysis. Figured you guys could probably point me towards a data provider that would have city level data exportable to excel so you can manipulate it. I don't mind i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/643908/small_1621494517-avatar-denizcen.jpg?twic=v1/output=image&v=2)
Hello BP community, I have an idea that may sound for some pretty idiotic / risky / not worth it etc,.. So, I would like to share with you all , hoping experienced or not, everyone comments on this.. Open to all ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/199518/small_1695108828-avatar-noobvestor.jpg?twic=v1/output=image&v=2)
Hi guys-I rented out a 400 sq feet studio apartment about a month ago, and today my tenant says there's a musty smell in the studio, likely indicating the presence of mold. As far as I know, there are no leakages in t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/772167/small_1621497060-avatar-pauls217.jpg?twic=v1/output=image&v=2)
Currently looking for a multifamily building to buy. One came up in an area I want to live however the only thing holding me back is the year it was build... 1872!!! Should I stay away?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1095484/small_1621508803-avatar-brettw54.jpg?twic=v1/output=image&v=2)
So, I've been working on saving for an investment property (1st one) and along comes an opportunity to buy an apartment building (6 units; $130k). It needs a lot of work, but it is fully occupied with long-term tenan...