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All Forum Posts by: Steven Ragsdale

Steven Ragsdale has started 3 posts and replied 7 times.

Post: Trying to learn more about BRRR

Steven RagsdalePosted
  • Posts 7
  • Votes 1

@Sean Thompson thanks for that advise I plan on finding a lender that works with investors. 

@andres uribe thank you for the breakdown of your process. Very good information that I will take into account when I get to looking into my next property to BRRR. Do you have a spread sheet that you input all your numbers on?

Post: Trying to learn more about BRRR

Steven RagsdalePosted
  • Posts 7
  • Votes 1

Thanks @Jonathan Pliszka. Looking to buy a fixer upper. One of my buddies moved out there and wants to start a property management company so I started doing research on Lexington KY. Found out there is good opportunities in Lexington. I currently live in Milpitas, CA and have no plans on moving from here any time soon. 

Originally posted by @Patrick Tudor:

Does anyone know of a highly recommended GC in Lexington KY?? I am both a real estate investor and restaurateur. I recently closed on a restaurant building that is going to be heavily remodeled. I am currently getting the plans. 

Quality and Speed are my greatest concerns. 

Any luck finding GC in Lexington KY 

This property is rented out but the rent doesn’t quite cover the mortgage. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $195,000
Cash invested: $51,000

First investment property in Lexington,KY

What made you interested in investing in this type of deal?

ROI

How did you finance this deal?

Conventional loan

Investment Info:

Single-family residence buy & hold investment in Nampa.

Purchase price: $460,000
Cash invested: $94,000

First rental property purchased

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Conventional loan

Post: Trying to learn more about BRRR

Steven RagsdalePosted
  • Posts 7
  • Votes 1

Hello everyone this is my first post here on and I am looking for some advise or assistance from anyone willing to help me out. Currently I own a rental in Nampa, ID and have owned this property for a year. Just now closing on my second property in Lexington,KY. Current lease ends in April 2022 for my tenants at my Nampa property. Contemplating selling that property since I would currently come out with around 200k profit. Would then like to start BRRR in Lexington, KY. Am currently listening to David Greenes book on BRRR to further educate myself. So just wondering if anyone had any comments/advise for my next move.