Can anyone provide any guidance on calculating the cash-on-cash for a BRRRR? If the property generates no cash flow until after the refinance, is it correct to use the 'Cash-out-Refi Amount' as essentially the cash i...
Peace and blessings to all . Hope everyone is staying safe from the virus . I’m finally ready to start my real estate investment journey . Thanks to everyone who has contributed at bigger pockets as it has guided me i...
Hi everyone,
My husband and I are attempting to refinance a property in Colorado and are running into trouble due to the increase in interest rates. We are considering renting out our current owner-occupied home to d...
Had a few questions about structuring a partnership deal. Found a property (third) that I’d like to buy and hold. Talked to my lender who also happens to be my neighbor about all the numbers on the property. I’m sligh...
I currently have an active Florida real estate license that expires next month (and yes, I have taken the 45 hours continued education as well). However, earlier this year I started working on my masters and put real ...
Hello BP Recently I wonder what criteria would make a duplex or Four plex , a good investment ? How much is good price for duplex, Four Plex ? how do you come up to that price ? What Cap Rate is consider good ? why y...
I have a friend who wants to buy a property i found, the homeowner has verbally agreed to a price for 150,000. I told my friend he can have it for 160,000. My friend said he just needs to see the place, after he doe...
I just got a property under contract, it is my first deal. It's a short sale. The offer still has to be approved by the sellers bank. My agent has told me that I should get an inspection done right away, but it mak...
I would like to know what is the correct formula to be used when investing in fix & flip properties.I have read and seen the following and have gotten a little bit confused as to the proper formula I should be usi...
Hello,I'm slowly starting work on the property I just bought and I need some help. Unfortunately I could not find out too much from the local building department.Anyway, the house was flooded. The bathroom and kitchen...