All Forum Posts by: Account Closed

@Ronald Isgate thanks

@Mike S. Thanks

@Whitney Hutten thanks Whitney. This makes sense, I’ll try this method. Thanks

@Joe Aiola thanks Joe. Maybe you didn't quite understand my question. I am analyzing in depth via the BRRRR calculator; however, I wanted to know how I should be coming up with my purchase price. I have been using the 70% rule to come up with a purchase price, then I use that purchase price to continue conducting my analysis on the property. Thanks

Is it ok to use the 70% rule to come up with a purchase price for properties with an ARV of 100k or less when using the BRRRR calculator?

I am attempting to borrow money against my investment property that I've owned approximately 6 years. I plan to use the money for rehab on my next property purchase. I was recently told by the bank that holds the loan that they can't offer me a HELOC since it's an investment property. What other options do I have to borrow money out of the property? Thanks

I’d like to know what strategies other investors are using to predict future property appreciation?

Thanks for the valuable info Jaron. Do you have any solutions to the DTI issue. The funds are available; however, on paper the DTI is depicted as being beyond the banks percentage limit. I know one solution the bank offered was to add someone else with a low DTI to the loan. Do you know of any other solutions? Thanks

Makes sense.  I'm learning a lot as I go along.  Thanks

Thanks for the valuable info Paul.