All Forum Posts by: Brandon Fuhrman

Hey @Khaled El Dorry, thanks for your comment. My goals aligned right beside yours, getting enough rentals to replace my 9-5. Congrats on your recent closing, I had a chance to purchase a duplex but it sold within the hour of being posted. Best luck with your remaining units to achieve freedom!

@Mitch Messer thanks for your input, Mitch .

@Sue K. Awesome information, I never really thought about the tax aspect of things. I am currently using a heloc on my primary home for the down payment on the rental property I am interested in. What are your thoughts on this? Will they tax the appreciation on this like you mentioned?

@Kuriakos Mellos awesome man, I have some family in Chicago but never been. Always wanted to plan a trip..

Thanks!! @Edward B. Great information you provided with starting off and people not being able to make their monthly payments. I think I will focus more on cash flow and later focus on the speculation approach as you mentioned. Thanks very much

@Chico Ford thank you for your response. I am very much interested in the brrrr method which certainly drives up the force appreciation. Hard finding distressed properties in great neighborhoods for the market driven appreciation. Most distressed properties I see are in rough neighborhoods.

@Amy Kendall thanks for your reply! Yes I am very conscious with keeping cash flow in mind and don’t want to put all my eggs into the appreciation basket. On the Initial properties, it seems best to focus on the cash flow and appreciation when I’m a little

More experienced.

Thanks @Kuriakos Mellos for your insight. Do you do a lot of investing in the Louisville area?

I am a new investor and looking to get into my first rental property. I have a few different opportunities but my question is: for your first rental property, would you want something that cash flows good with bad appreciation, or one that cash flows okay but in a higher appreciation area?

My goal is long term buy and hold, but with little to no cash reserves, the idea of using the equity in my first rental property to use for another property is enticing. But don’t want to bank on appreciation if something is cash flowing very well.

Of course, in an ideal world you’ll want both cash flow and appreciation but which would be better for your first or first couple of rentals? Thank you very much!

I am a new investor and really interested in the BRRRR method and looking into PML.

What would be the average terms for a private lender to agree to funding? What are the average interest rates, documents needed, LTV %, loan terms, points, fees, etc.

I know there are different variables like experience, location, or the deal itself, but what would be considered a ‘fair’ agreement? Partially someone in my case who little to none experience.

Thank you for your help!