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All Forum Posts by: Ravi Kimal

Ravi Kimal has started 3 posts and replied 4 times.

@George Cox Thank you for explaining the process. Your explanation was was very helpful.

I'm new to the real estate investment process and I'm trying to learn more about the BRRRR process. I was wondering if someone can explain the process further. I'm lost at the point of the refinance process. Let's say I find a deal that $60,000 and the ARV is $120,000. The total amount of money for repairs is $20,000. So I'm $80,000 in. And I get a renter in and not I'm about the refinance. The bank offers the 75percent after the refinance back to me. How I'm I making a CoCROI and able to use the money again?

I current have a condo that I bought when the market prices where low and it has appreciated in value enough to make some good money on. I looking for what upgrades would be great to make to get the most on ROI. Looking overall feedback and feedback from other in the Minnesota Market.

I’m looking to get start in my real estate journey here in Minnesota and was looking for any groups that are already establish that I can connect/network with other local real estate investors.