All Forum Posts by: Rashad K.

Hey Bigger Pockets,

Can a investor assume an FHA loan without having to apply or deal with the bank ? I have a motivated seller of an off marker triplex who owes 145K. Needs roughly 125k, rents are $1250-1300 after rehab. Hard to say what the ARV would be as the subject is 3/1 each unit with 3,710 SQ FT with no triplex comps but a updated fourplex literally two houses down that recently sold for $410,000. My Plans is the BRRR strategy but worried about the end appraisal as my last brrr appraised 30k less than I expected it would. So I am trying to be very conservative and figure out the best method with this one. Any suggestions or input is appreciated, thank you!

Saint Paul, Minnesota, Twin cities

November 10 2019 . 7pm

A good offense sells tickets,but defense wins championships

Jerryll Noorden thanks for sharing, congrats!!

Following

Alex Rojesky i would highly recommend mn realty school if you decide not to go the online route

@Scott S. awesome thanks

For those investing in Saint Paul Minnesota are you required to get a tish inspection prior to closing on a purchase, if you are buying "as-is" from a fsbo? 

I would look to take advantage of the "brrrr" strategy. Buy, rehab, rent , refinance and repeat. Done right , you put yourself in a position were you can use your capital over and over again opposed too putting 20-25% down on a property each time (;

Adam Irvin did you find who you needed?