18 December 2021 | 16 replies
For DTI, just add in the car, student loan, etc, payments, and divide by income.
23 January 2022 | 174 replies
IMO most important high level metrics (without getting into the weeds/complication of projecting demographic shifts, etc etc) are pretty straightforward: 1) Payback period (actual cash in in upon refi within ~6 mo or so, if a value add investment, divided by stabilized cash flow. or if not value add, then down payment divided by cash flow).
28 September 2022 | 13 replies
Hi Mike, if you are going to do rehabs I suggest dividing your cash into several down payments and then stage up sequential rehabs.
30 July 2023 | 5 replies
For me, I weigh likely electrical cost with and without solar and of course consider solar cost, divided by time and compare the math.
3 August 2023 | 7 replies
Who gets to decide to sell and under what circumstances and how proceeds are to be divided.
25 October 2023 | 6 replies
So I would essentially be dividing my money between working with the developer and working with the flipper. #3: the third option I had in mind was to invest $60k with the developer talked about in #1 and $50k used to buy a turnkey duplex in the Midwest that will cash flow $450-$500/mo.
9 January 2024 | 11 replies
The simplest way of course is that the home will be sold and the proceeds divided in equal shares.
17 January 2024 | 14 replies
Larger personal limits create stronger profilesAuto- Technically this is also installment but i usually suggest my clients have a car loan or lease for 1-2 years before paying it off so this can build your profile.Other than mortgage, these are the categories your credit history get divided into when we pull a credit reportHope this helps.
23 November 2022 | 5 replies
Turns out it is an 8 acre parcel (can’t be divided) and 15 - 1/2 acre lots can build on or place mobile homes I sold the 8 acre lot for what I paid for the entire 16 acres Suggestions what to do with the remaining 15 lots?
31 October 2022 | 3 replies
Just do the math on the taxes owed and the rental income lost combined, divided by the the interest saved interest saved to find the pay back period.