Just starting out...What are the advantages and dis-advantages of having a relationship with a Realtor?
As a new real estate investor, I am working through the deal analysis exercise while I grow my purchase funds. Welcome some feedback on estimates for repairs and Cap Ex #'s. As a first time investor, leaning toward ~8...
Hello BP Community,I am about to begin offering on SFHs in my area for a house hack. I am looking into a 3/2 and already have 2 tenants lined up after closing. I had a few questions regarding Landlord/Tenant Relations...
I am a new comer to real estate investing. I am currently still looking to close on my first deal. I had a property under contract but because if location, I believe, I wasn't able to find a buyer. However, I really w...
I'm going to pursue a home equity loan in the next few weeks. I'm wondering if the banks approval depends at all on my debt-to-income ratio, or is it based entirely on the collateral in the home?
I am trying to better understand making offers and its relation the BRRRR strategy.For example, if a property is listed for $150,000 with an ARV of $180,000, and will require $20,000 in rehab, according to BRRRR I cou...
Can someone provide a numerical example of how to BRRRR your property into refinance? I'm confused with how much you can refinance. I.E. I buy a multiunit that needs improvement for 100,000. Rehab is done for 50,00...
ARV 99,990
PITI 600
We have a 3yr lease with option
Our Option is Loan Balance at time of Closing. (currently 90,500)
I have a tenant buyer who agreed to to put down 5k and rent for 900/mon...
The 2% Rule is the same thing as using the 50% Rule and applying a 12% Cap Rate on the annual NOI.
I was looking at some properties and noticed I got the same value using the 2% rule and using the 50% for an ...
I am looking at a 10 unit property that is listed for $350k, being advertised as a 10% CAP.I had the listing broker send me a T12 and actual expenses. He also sent me a pro forma. The pro forma has annual gross income...