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All Forum Posts by: Raquel Adkins

Raquel Adkins has started 2 posts and replied 2 times.

General Real Estate Investing

Post: Please help a newbie understand purchase costs!

Raquel AdkinsPosted
  • Posts 3
  • Votes 0

Dear $ family, 

I am feeling so overwhelmed, over analyzing, analyses paralyses you name it lol but I am also abscessed, excited and 1000% dedicated.  

I am looking into buying multifamily. I think I am doing the BRRR calculator right (following instruction videos). I got the numbers to work on a few properties but I am confused about the purchase costs. How do I factor that in the costs if I need extra partner/ loans for that? How do I find help with closing costs, down payment etc? How do I run the numbers with that included?

Please send help lol 

Thank you guys sooooooo much

0 Votes
Texas Real Estate Q&A Discussion Forum

Post: Brrrr works only if renovation is involved?

Raquel AdkinsPosted
  • Posts 3
  • Votes 0

I have a couple of amazing multi properties I want to invest but they look pretty nice already, little to no rehab needed. When it’s no rehab involved I can’t do brrrr correct? Is there any other way to try to get my down payment back and not tied to the deal?

0 Votes