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All Forum Posts by: Shane Gordon

Shane Gordon has started 4 posts and replied 23 times.

Real Estate Agent

Post: BRRRR strategy during COVID 19

Shane GordonPosted
  • Real Estate Broker
  • Charlotte, NC
  • Posts 27
  • Votes 3

We are starting our journey as a real estate investor and I am curious what the more experienced investors think of attempting the BRRRR strategy during this time. Do you foresee difficulties currently or 6 months from now with banks allowing cash out refi?

2 Votes
Alabama Real Estate Q&A Discussion Forum

Post: Investing in Cash flow properties, Alabama big cities' suburbs

Shane GordonPosted
  • Real Estate Broker
  • Charlotte, NC
  • Posts 27
  • Votes 3

Thanks for the info. Lots to think about now. 

0 Votes
Alabama Real Estate Q&A Discussion Forum

Post: Investing in Cash flow properties, Alabama big cities' suburbs

Shane GordonPosted
  • Real Estate Broker
  • Charlotte, NC
  • Posts 27
  • Votes 3

@Jonathan Mednick I know this post is a year old, but was curious if Birmingham is still a good area for the BRRRR strategy. This will be our first time investing in the real estate market. We are looking to be under $75k for the purchase price and rehab, then do the cash out refi. However, my concern is that I have heard Birmingham area is cracking down on building permit codes to allow for add ons to the homes. We were also looking at Huntsville and Montgomery. Thoughts?

0 Votes