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All Forum Posts by: Lisa Cox

Lisa Cox has started 1 posts and replied 2 times.

Post: First Attempt to BRRR

Lisa Cox
Pro Member
Posted
  • Posts 2
  • Votes 0
Quote from @Mitch Larrivee:

Following this.. thanks for posting! Would love to hear updates as you go through the full BRRRR process.

I'm curious if you have talked to any contractors yet or you have and they don't want to give estimates? 

Good luck!


 I'm stepping way out of the box. I should probably just flip this house since it's my first but I'm even nervous about figuring all that out. I haven't been turned down by contractors. I just don't know of any so I am in the process of researching and vetting now.

Post: First Attempt to BRRR

Lisa Cox
Pro Member
Posted
  • Posts 2
  • Votes 0

I've been learning investing for about a year now and have been afraid to pull the trigger on opportunities due to lack of contractor to help with estimates and suffering from analysis paralysis. I'm trying to do an analysis using BP's BRRRR calculator but I don't fully understand how to complete it and what info to use if I'm putting down 30% of the purchase price to obtain 100% HML rehab budget also. Any thoughts or advice are welcome. Thanks.