Shawn Lowery
Flip Success! Detailed summary and photos
Flip Summary - Royersford, PADeal SummaryI came across this opportunity as a straight referral to list the seller’s home traditionally as a licensed agent. Upon our initial conversation, her extreme level of motivati...
Regina Jones
Purchasing a Foreclosure property
I want to put a 3Bdr 1Ba 1,328 sq ft Foreclosure property under contract. The list price is 150K. They will not accept any offers lower than asking. I estimated the rehab to be between 45k and 50k. Homes in the ar...
Ovais Zuberi
Refinance and BRRR Strategy
I'm looking at buying a property. $130,000 2bed 2bath condo. Expecting rehab cost to be about $25-$30K. ARV should be around $200K.
How long after I rehab the place can I refinance and get a new loan? I'm thinking o...
Heath Thomas Jr
Refinancing out of HML
If I were to buy a 4 unit building using a HML. Would it be possible to refinance using an FHA loan after 6 months or so of seasoning?-- assuming I am living in the property and renting out the other 3 units..Would th...
Teresia M.
How to get Rehab funds
I received a response to a yellow letter and the seller is agreeing to seller finance the property for 18k with 5k down 5% interest with a balloon in 3 years. The property needs 30k of work. Margins are slim on this...
Frederick McCree
Should I be refinancing now?
I’m on my first investment property with aspersions to purchase my second with 4-6months. Should refinancing now to fund the cost of rehab on my existing property, plus funding the cost of the new purchase wise in our...
Troy Forney
Real Estate Investing Strategies Buy and Hold strategies
The last property we bought, we bought strictly for cash flow. It was $45,000. with a section 8 tenant in it rent is $800. a month. It had a remodeled kitchen and bathroom, everything else was average condition. Th...
Jeff Plotkin
Is insurance needed during rehab on a cash purchase?
Closing on a BRRRR deal in two weeks and I was wondering if I will need insurance during the rehab phase of the deal. Is it ok to wait until I refinance?
Terri O'Brien
Funding a BRRRR as my second rental
I am looking to buy my second rental property. There is a 4 plex that is a complete renovation. It is listed for $77,000 and has already been gutted. There are 3 apartments that are 1 bedrooms and 1 apartment has 2...
Dan Nguyen
Quickbooks BRRR Questions
Hello BP Friends!Last year was my first year doing the BRRR model but our deals weren't refinanced and won't be until 2021.Our model was to find private money to fund 100% of the purchase, rehab, closing costs, etc......