All Forum Posts by: Robert Freeborn

 I agree, which is why I'm asking for help figuring out what I may have put in wrong.  Obviously, if cash flow is negative it wouldn't work as a brrrr.  Would still be a good flip though.

Hey folks, I need your help. Based on my calculator, I think this could be a great deal for a BRRRR. But I can't seem to make the numbers pencil with the BP calculator. It would still be a great flip, but the BRRRR numbers seem to be lacking.

For those who are better versed in the BP calculator than I, do I have anything inputted incorrectly, or do I just need to re-evaluate my rehab and purchase price?

I realized I had flood insurance too high, and fixed that, but the numbers still don't pencil. What else am I missing?

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hey folks, I need your help. Based on my calculator, I think this could be a great deal for a BRRRR. But I can't seem to make the numbers pencil with the BP calculator. It would still be a great flip, but the BRRRR numbers seem to be lacking.

For those who are better versed in the BP calculator than I, do I have anything inputted incorrectly, or do I just need to re-evaluate my rehab and purchase price?

View report

*This link comes directly from our calculators, based on information input by the member who posted.

@Weijia Yu you’ve already gotten some great advice. Deals are possible, but if you stick only to the 1% or 2% rule you will never find anything in state right now.

I love AJ’s example, and it was a great purchase for him.

Foreclosures could be an option, but there aren’t aor of foreclosures hitting the auctions right now, and those that are are getting gobbled up by experienced auction investors. Just saw one that had an opening bid of 130k get sold for 245k, with an arv of 299 and needing 30k of work. It also had 8k of back taxes due! Obviously, that’s something only a few investors could make work. If you feel you are one of them, I encourage you to go for it. If not, let’s talk sometime and we can analyze deals in WA state together to see what works and doesn’t work for you.

Hi Jacson!  We actually have a local bellingham investor group, called Bellingham Real Estate Investors.  You can find us on meetup, but we also have a large group on facebook.  Send me a message and I'd love to connect with you.

Always happy to talk shop.  I'll send you a message.

I've been happy with Chicago Title, and they are nation wide, which is nice.  

Welcome to BP.  You already got some great advice up above.  Washington is a great place to invest.  What are you looking to get started doing?

@Brandon Courtney Bellingham actually gets less rain than Seattle. One of those peculiarities of the area.

@James Miller well said. I wouldn’t be surprised to see it either. Let’s hope not though.