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Newbie wholesaler here!I want to make my first offer on a property I’m walking today. Property is an estate sale, it’s in a good location where comps are around $300k. Property has been on the market for months and th...
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First of all I apologize for potentially asking a silly question. So I’m interested in buying a single family 3/2. I want to use the BRRRR method but can’t seem to make the numbers work and think I may be doing someth...
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Hello all,Planning to execute my first BRRRR and looking for lenders who does delayed financing loans with no issues considering closing costs and rehab escrow along with purchase price in refinance amount( off course...
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I have been a BP member for a few years now, mostly a lurker, listen to the podcasts and soak in what I can. I have suffered from a paralyzing fear of failure throughout my life. It can prevent me...
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Hi Biggerpockets,
I own 5 properties free and clear. All are vacant and need rehab. An investor offered to cover the rehab costs in exchange for 50% ownership. He proposed I could buy him (pay him back) out in 1 to ...
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View report
*This link comes directly from our calculators, based on information input by the member who posted.How do you include the rehab cost in the loan amount? The expectation is the loan is supposed to be for ...
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Can you BRRRR with $20,000 in Cleveland, Ohio. I recently saw a video by Brandon Turner who mentioned you can BRRRR with $30,000. Which made me think is it possible to do so here in Cleveland with $20,000
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New to this, and feel like I'm getting grasp of the BRRRR strategy.
However, in using the BRRRR calculator here, I am confused about something. When figuring holding costs, I feel like it doesn't take into account t...
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I call it the OP FLIP. no clue if this already has a better name. I'm the project manager and the owner is the boss. I'll do everything it takes to take the property up to its highest and best value. I'll develop the ...
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Hey Everybody,
I have been working on a few short sale deals since february and I am almost done with my first solo one and I am getting a little excited, but I foresee an issue and I am hoping that some of the exper...