Good morning! Would it be a good idea to pay for the downpayment on a house that’s less than $100,000 and let my lender cover all the other expenses since I paid for the downpayment and I don’t have to pay them back, ...
One of the markets I am looking into has a ton of really nice rehabbed homes in good areas. These homes were built between the 1920s-1940s.I was wondering if a home that old, even though it has been rehabbed and remo...
How much of a profit should be inside of a wholesale deal on the buyers end after repairs are done?
I currently have 5 rental's, and am looking to move on to my 1st BRRRR deal. I have never done a full rehab before, and I got a quote from my contractor for $42,000 (3 bed, 1 bath, 850 square feet). He included all ...
OK... I am targeting a 4plex for a BRRRR. I have read a LOT... but what I am missing... is how I can avoid 6 month seasoning and double closing costs for a BRRRR. Properties in Ca. are 350k + so I will be fully lev...
Hello BP, I'm looking at doing some note investing with a local REI group broker I've been networking with. I'm a complete newbie on notes and would appreciate some advice on this. Is this a good investment for a n...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $105,000
Cash invested: $7,250
I'm currently under contract on a duplex in Columbus, OH. I'm doi...
I am getting started with BP and it seems like they have pushed the two books- "The Book On Real Estate Flipping" and "The Book On Estimating Rehabbing Costs" repeatedly. I find this interesting as it is the only mate...
So for the BRRRR method, when you do the cash out refi and pull all of your cash out (making a new loan to pay off the first), can't this ruin your cashflow?
Quick example numbers:
Purchase price= $70k, Rehab=$35k
...
Hey pocketeers,is the age of an apartment complex a factor(deterrent) in financing/ resale etc as long as it is in decent shape?Would you have reservations purchasing a 50 plus year old multi?