All Forum Posts by: Talha Makki

Anthony Dooley great feedback. I was actually looking into hard money loan for a brrrr investment and once the seasoning period ends I would refinance it conventionally. Since I'm looking to rehab the property as well and conventional loan doesn't fund for rehabs. Andrew Postell Thanks for great response.

Hello everyone, I'm new to real estate investing and doing my research on all the financing that is available. I've read articles where people get hard money loan or private investor to invest in there deal without putting 20 percent down. They typically put more like 10 percent down. What is the minimum down payment does HML or private investor asks for? And does credit matter?

Great thanks for the feedback!

Hello everyone, I have a question regarding the hard money loan. When following brrrr strategy do I have to include the interest for the hard money loan into the 70 percent rule? For example if I purchase a property for 40k plus 30k for repair cost and holding cost. And the ARV is 100k. And let's say I took a loan out for 60k and I pay 10k out of my pockets which means the interest rate would come out to be 7200 for the hard money loan. When I refinance the property that 7200 interest rate would be coming out of my money correct? Do I have to add the interest rate into the 70 percent rule so when I go out to refinance the hard money lender gets there interest and nothing comes out of my pocket?

Hello everyone, I learning about BRRRR strategy and I have one question that I can't seem to get a good explanation for. If I rent out the property and if the tenant decides to leave or don't pay rent does property management takes care of that? And would I have to pay the mortgage and other expenses from my pocket? And does property management company advertise to find tenants for you?

Brent Coombs That's what I had in mind but I was just making sure. Thanks!

Hello everyone. I have posted couple questions regarding brrrr strategy that I'm learning. I can't find an answer to the question where if I buy a property and rehab it and can't find tenants how would I pay the mortgage, taxes and insurance? Or in a case where the lease ends and then I can't find tenant?

Hello everyone! Can anyone tell me which best upcoming REIA meetings to attend for house flipping. I'm doing a very deep research on how to invest in rehab properties and would like to network with other investors and get more information. Appreciate it!

Hello everyone! I'm 23 years old and highly motivated to this business. I'm new to real estate business and I have been actively wholesaling for a month. I would love to network with other individuals. Please feel free to send me a colleague request! Thank you!

Looking for someone who can mentor me in wholesaling deals. I have started my marketing campaign and I need someone to mentor me in structuring deals. After the deal closes I will pay mentor commission as well. Please email me at [email protected]. Thank you for your time!