Thomas McPherson
Common Mistakes in a BRRRR
1 November 2024 | 5 replies
It’s important to balance cash-out refinance with maintaining healthy cash flow from rent.Mismanaging the Rehab Process:Delays in the rehab phase can eat into your profits.
Pete Schiebel
Is it common to require first and last month's rent for new tenants?
30 October 2024 | 12 replies
We're comfortable with that though as we want assurances that their financials are healthy.
Tyler Herman
Fix and Rent and DSCR loans Sub $100k Properties
28 October 2024 | 8 replies
So any additional exceptions, whether for purchase price or even total loan amount, would be more likely if you can show a healthy SREO.
Nicholas Halterman
Multi family or Single family with VA loan?
29 October 2024 | 5 replies
I would check with your lender to confirm if 0% can be used for 3 and 4 units...they might require 5% down.SFR investment with rehab can also be a great way to invest in real estate. it just depends what are your strengths and goals and which strategy will best serve you.buying a home a year is normal for some. depends on what your goals are.Id think of it like planting a tree: being 25, time is on your side. if you have a solid income with healthy DTI, I would suggest taking advantage of it by house hacking small multi in A/B market and let father time be your friend.
Kenji Tominaga
Pending closing the deal due to the current tenant not leaving
28 October 2024 | 23 replies
It's just not mentally healthy to wait for a pending issue.
Seth Gordon
New To BRRRR
31 October 2024 | 14 replies
It’s important to balance cash-out refinance with maintaining healthy cash flow from rent.Mismanaging the Rehab Process:Delays in the rehab phase can eat into your profits.
Rajagopalarao Paidi
Can I purchase a house with Foundation issues for Flip
27 October 2024 | 6 replies
They know better than anyone.......Oh, and you can also get some of the better deals when buying those properties, as long as you have a good idea of the potential extent and cost of the repairs and plug that (with a healthy contingency) into your proforma.
Derrick Sanford
Hello from the Midwest(Tulsa/Broken Arrow) and getting deeper into real estate.
23 October 2024 | 7 replies
I guess that means, there is healthy demand for rents in the metroplex.I am curious if there is a city or few Zip codes within Tulsa, Broken arrow, Bixby, Jenks and Owasso, that is preferred by prospective tenants ?
Arron Paulino
Advice on Selling Portfolio
29 October 2024 | 33 replies
Buying distressed & fixing yourself gives you the full intel on the quality of your product, buying 2 rather than 4 you can pay for better locations, then having reserves gives you a healthy peace of mind.
Vivian Butler
My Wholesale Journey Experiences
25 October 2024 | 4 replies
Doing this requires both a healthy inventory of deals way under market value and a large list of serious buyers.