Justin Stetson
Can you do BRRRR with little amount of money?
Hello everyone, I am trying to find out how everyone got started with their BRRRR strategy. My main question is how much money would someone need to be able to get started. If it's a high amount (50k) would it be smar...
Gilad Stern
Shout out Cleveland! Need some help
Hi all, wassup?I'm in the business for ~5yrs now, investing in FL. Lately, deals are hard to find and I've been trying to search for new markets to profit on.I've heard good deals come more often in Cleveland, OH nowa...
Steve Guerra
Mortgage Broker Questions
Hello Everyone
I have some questions about borrowing from a Mortgage broker.
Well first off I found one in my area. They require 25% down for any investment property. They can only fund properties 70k and up. Their ...
Lee Korak
Anatomy of a refi in BRRRR
So I'm unclear on how a refi would work exactly on a property with a loan on it. Here is a somewhat real-life scenario to see if I am thinking about this right:Let's say I have a rental property that I purchase for $6...
Himanshu Jain
Running Diary of a Single Family home in St Louis (U City area)
This is my first big rehab in a nicer are of St Louis, I am excited to share my journey with all hoping that it will help other professionals like me to learn, to get motivated and excited about their own similar proj...
Jay K.
First BRRR Project-Doubled Value (Photos Included)
Hey folks, my name is Jay; I’m 24 years old and I decided to take a plunge into a BRRR project as I have a large network of tradesman, industry mentors, and surplus liquid. In November 2017 I made a bold move of buyin...
Abigail Hansen
What are the additional costs of purchasing a property?
I'm saving up to buy my first investment property within the next year. I'm sure the costs of buying and owning a home can add up quickly. I want to be prepared when it comes to closing time. What fees/additional ex...
Benjamin Cowles
Please help me understand HML costs
So I spoke to a HML today regarding a potential deal that had (our) offer been accepted would have been at a purchase price of $400k for an ARV of +/- $550. Seems like a good spread no? 40-50k rehab, up to 7k holding ...
Mario F.
pulling permits - should I go by the book? Or go for lower cost?
Hello, I've recently purchased a fourplex in inglewood and am about to start demo on one of the units. I've come to find that there is asbestos and lead in thsi unit so the cost of rehab has just gone up considerably...
Sharma Parth
Newbie BRRRR investor - is this deal worth going for?
Hi guys - would love any feedback on the below numbers I am crunching on a potential BRRRR deal.The plan is to hold on to the property, rehab it, rent it, and then do a cash-out refinance. Not looking to do a flip here.