Hello all, I’m just joining after reading the BRRRR book and am looking forward to learning more! I’m currently looking for some advice on purchasing my first full time investment property.I bought my first primary ho...

Hi Team, Looking for feedback and ideas on how to leverage equity in a 3 unit building without doing a cash out refinance? The rate on my mortgage is amazing (low 3'%) and have no plans to lose that. Is anyone savvy o...

In a light cosmetic flip, what are the advantages of purchasing builders risk insurance over using a traditional homeowners insurance policy? 

These include traditional rehabs to sophisticated market specific value adds.

Tried to go the traditional HELOC route and after almost 2 months of providing paperwork the lending scenario changed (due to rising rates) and they backed out. 

Unfortunately as a part-time agent, you also likely won’t get that support you need from a traditional brokerage if you’re not in the office on a regular basis.

The disadvantage is that the indoor units are a bit large but if you place them nicely they'll blend in to any room.Another advantage is the upfront costs are much less than a traditional AC system.

@Adah N. starting at around 10% on investment properties but they fund you the full amount immediately, so it’s not exactly like a traditional HELOC where you use it when you need it.

Funding can definitely be a challenge for first-time flippers, especially when traditional lenders are hesitant to take a chance.

It’s a matter of cash out refi vs. traditional refi.