All Forum Posts by: Tycoma Mcfann

@Barrett Bridgewater that would be awesome if I could remove the property from having to have flood insurance. Is there a website ?

@Andrew Postell thanks a lot for your time and sharing your experience with me.

@Andrew Postell Thanks for your reply and guidance. Okay primary home when using different sites estimated value for my home ,the loan value is below 80% but only by some thousands. I think I should get a tenant to pay the mortgage with no cash flow but to help build equity in the home before cash out refinancing And at the current interest rate is now a good time too do that for not much return? Am I missing something?… Heir properties have no mortgage only back taxes ,my plan here was to use the BRRR method and rehab out of pocket after paying back taxes do u advice getting a loan before rehab?

Hello inspiring investor here, I have been educating myself on real estate for awhile even starting a real estate course, then covid hit an as a nurse I could not focus on markets, sub markets and ROI with the devastation so I stopped. I had recently before the pandemic bought my first home rural on 5 acres in a flood zone for $212 (it has appreciated) Had no idea what I was doing an because of that I overpaid and some features in the house like HVAC and pool has never function properly but it passed the inspection and I even pd extra for the pool to be inspected. so I literally bought the house and then began traveling as nurse so I'm never there. Any suggestion on how I can leverage this home to start investing . Also I have inherited two properties from my dad passing in the last month. 1 has 10,000 owed property taxes and the other has a tenant paying $700 should I BRRR these 2 properties and refinance are move in one to save. I know this is my shot into real-estate investing and I don't want to blow it in any way. Any suggestion ?