All Forum Posts by: Grayson Grzybowski

If I find a property that I want a hard lender to help me with and they fund 90% of the cost plus 100% of the rehab, does that mean when I flip it I have to pay back the rehab costs as well? Sorry that this is a stupid question. I am trying to learn a different path in generating to making money in this market. 

If anyone could point out a good book from here that would be help too

@Todd Jones

Now that I am re-reading my question, It really was my fault because the way it was worded. Its not really purchase price I wanted to know, its the cash invested. I wanted to make sure my CoC return formula was correct in my excel sheets.

@Bob S.

I am sorry, but what are you trying to say from your post? I am asking for help if you can see that from my question.

@Doug Smith

thank you for the explanation... Could you please tell me what the correct CoC return would be for the correct scenario if the property was bringing in a 5000 annual cash flow?

From the book "Real Estate by the Numbers" and any online sources, I am understanding that the cash invested is just the down payment, closing, and any other upfront costs that go into it.

@Nathan Gesner

So when calculating my Coc return for this property... assuming it has an annual cash flow of lets say 5k. then it would be

CoC = 5000/14625, correct?

@Bjorn Ahlblad

This was no help at all. As I have just asked 3 different scenarios that to me could come off that way.  

Can someone break down what the purchase price of a home is?

A) If a house cost 325000 and I go get a loan from the back for that much, is that the purchase price? 

B) Is the purchase price the cost of the home after the down payment and closing?

C) Is the purchase price just the amount I put down plus closing?

Thanks

@Mathew Pezon

Did you get a chance to look it over? I hope the understanding was to see if the excel was put together correctly verse just an existing analysis. I think there was some confusion with another person in the group response, so I hope it was not the same with you.

Thanks!

Would anyone out there be interested in looking over my excel calculations on my property analysis? I cannot get a positive CoC Return with any property, even with a 2% interest. I have looked over the formulas and I think everything is accounted for, but something doesnt seem right

@Denis Ponder

Yes, I use them all the time! But I do love being on excel and building them myself. It helps me fully understand then concepts a lot more.