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Hi community. I have a disagreement with my partner. We have $35K in one of the bank accounts. But there is a property we just stumbled upon in Detroit for $25K. We want to offer $20K; so with rehab costs starting at ...
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My buddy is running the numbers on his first deal below-- Purchase price: $180k- Estimated rehab cost: $90k-Holding costs + Closing Costs: $66kWhat do you experienced fix n flippers think? It is in TN.
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Just getting started here... I was trying to analyze properties and the BRRRR calculator doesn't have an option to include rehab costs with the loan. This messes up the numbers a bit. Is there something i'm not seeing...
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Before I am able to fund a deal myself, what should come first?
Let’s say I found a great deal but don’t have the money to fund it myself. Would it be recommended to have lenders/loans lined up first? Before taking a...
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As a new investor I’m like a sponge. I’m looking for every piece of knowledge that I can find to fill my head with as I begin my journey. The question I’m asking my peers on here is, how much money should one have in ...
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Corny Topic Title aside. This post is about a potential BRRRR Investment that I found in my area. Full disclaimer this is pretty much just a hypothetical deal, as I am currently not in a position to purchase this prop...
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Is it possible to underwrite seller financing deals in Michael Blank calculator?I need help on a seller financing deal offer I am putting together. It's a 12 unit apartment building. Each unit is $700 rent, insurance ...
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Hey,Working through a deal analysis for a brrrr and im using the calculator. It seems like a solid deal, but my Agent is sharing I need to include the rehab as part of my purchase cost. I was sharing with him that Im ...
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I am interested in the BRRRR method. I do not have a property lined up yet and thats because I want to understand the method as best as I can before jumping in.The part of BRRRR that I would like to learn more about i...
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I am a new investor and have been analyzing deals to find my first flip. I am super excited to take this step and I have read "Estimating Rehab Costs" by J Scott and I feel confident that I understand the basics. But ...