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According to BRRRR strategy this home wouldn't work. But I wanted to hear the feedback from the forum. I'd be buying to hold and rentingPurchase Price $145KRehab $25-$30ARV $190KRent $1700I have a lender that will lo...
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Hey everyone on bigger pockets, i was hoping to get some input on a flip deal. Theres a house in really great neighborhood selling as it. Looks like just tlc stuff. They are selling for 69900. Arv is prob 100k. Its a ...
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Hi Socal Investors,I came across a distressed/vacant home while driving for dollars in the southern California (socal), Los angeles county area. I was able get a hold of the owner and he is interested in selling. Howe...
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I would like to know how much goes to a lender and how much goes to a real estate investor on a Fix N' Flip loan. For example, if the purchase price of the property is $300,000 plus the rehab costs are $81,550 and th...
5 years ago this month I embarked on my journey into real estate investing by purchasing my worst deal to date (Needed way too much work and went over budget). From that time on I have purchased 8 properties and reno...
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So I'm planning to buy my first property to flip in 4 months. Lurked on BP for awhile now, bought J Scott's book (excellent), been doing my homework... But still fearful...I have the funding in place but am SO SCARED ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in North Little Rock.
Purchase price: $810,000
Cash invested: $20,000
4-unit complex, purchased with VA loan, owner operated ...
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Can someone throughly explain exactly how the refinance aspect in BRRRR works? Like how can one get money to get another house without it being their own money? Can you buy a house in cash from the equity in a refinan...
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How do you wholesalers estimate your rehab cost when running your initial numbers? I have a formula that I've been looking at that vaguely estimates depending on square footage and what kind of rehab is needed, but I ...
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Hey BP,I am very interested in flipping homes but the daunting task of estimating rehab costs with no experience is the biggest hurdle. I read in The Book on Flipping Houses a recommendation to hire a GC (or perhaps e...