All Forum Posts by: Joshua Baldovino

Hello. I’m trying to figure out how much I’d leave in a Brrrr deal originally financed by hard money. 

The duplex we have under contract is the smallest of all the comps. However, on a cash out commercial refi, do banks account for rental income in establishing the ARV or is only based on the average price per sqft, condition, and amenities?

For context, after rehab and refi this would hit around 1.2% rent to price ratio. But does that even matter in the appraisal? Thanks!

How are you planning on funding the deal? A lot of BRRRR properties won't meet the criteria for traditional financing or won't appraise for the value you need.

Following 

While we haven't closed on our first deal yet, from what I've read SFH also have an easier exit strategy in terms of selling and also has less tenant issues in relation to noise, communal spaces, etc. However, multi has a better cash flow per all my analysis.

The first one is scary! I'm looking into Columbus too. Which market have you decided on?