All Forum Posts by: Randolph Brown

@Kenneth Garrett makes perfect sense! Ideally goal is to get your money out and then some? But pulling out too much on the refi can cause you cash flow to take a hit?

Thanks

@KrunalPatel in reference to the refi, what does it mean to"not leave money in the deal". I understand the preventive measure is in the buying stage. Just don't really understand the term.

Anyone familiar with the 80-10-10 financing option for real estate investment? Does this option work with BRRR model? I haven't heard much on, what are the pros vs. cons?

Couple questions I came up with while trying to wrap my head around BRRR. Any help would be appreciated. Thank you!

What is seller financing?

How to control what you leave in the deal?

What is presumably a good method to gauge the amount of equity in a deal prior to purchase and rehab?

@Dan Gamache what do you mean buy it out right?

also how does it work if you only refi 75-80 what happens with rest? Forgive me I'm new to this.

@Michael Ablan figured as much. Thanks

@Kenneth Garrett thanks for the info!

@Kenneth Garrett when working with a HML is it true they require months of reserves? Also the most they will do is about 70-75% LTV?

@Odie Ayaga thanks a lot for you insight!

What are some advantages and disadvantages of using a HML?

Also why would some who has been pre qual'd to receive a conventional loan choose the HML instead?

I know it may be vague but just trying to wrap my head around everything, thanks!