All Forum Posts by: Daniel Raine

This is all very valuable information, thank you. I do want to stay away from hard money as much as possible especially being new to this. I will look into HELOC or just slowly rehabbing with my own money when possible. Maybe like a slow BRRR
thanks for the info! 

Hello, new investor here. I have been trying to educate myself as much as possible and decided to attempt a BRRRR strategy for my first property in Las Vegas. I found a duplex that requires some rehab, but I believe I still got under market value (I payed significantly lower than what appraisal came back for).
i am about to close on property using conventional loan and locked in a somewhat decent interest rate before it has continued to increase in recent weeks. 
since I went the conventional loan route, I wasn’t able to wrap up a rehab loan in the deal. Would It make sense to get a hard money loan for rehab and then refinance (considering the interest rates keep climbing, in afraid the refinance will have a much higher interest rate).  And I don’t wanna be stuck with a hard money loan for a long time either. I could also try to rehab as much as I can slowly as I save up more money. 
I would appreciate any insight into this part of the process, thanks! 

New to bigger pockets, I have a full time job in southern California, interested iN getting into multi unit long term investing. Still have a somewhat limited downpayment, been reading about BRRRR investing and it seems like a great way to recycle your money. Would this strategy be possible as a long distance investor and full time job? (with a good team in place). And any insight into nearby markets that can make this strategy possible? (more possibility of cash flowing properties?). I was looking into Vegas since it's somewhat close to me and seems more affordable than SoCal, but have struggled to find good deals.

Thanks!!