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6 January 2021 | 2 replies
Mine are listed below.PROSGiven the price point of where I am looking to buy, I could BRRRR a property and pay the loan in its entirety within a yearContinue to recycle the 100K using the BRRRR method as my cashflow continues to slowly grow and pay down the P&I on this loan over 5 yearsCONSMy debt to income ratio will go up and hamper my ability to get more loansI currently have about 160K in liquid reserves so why do into debt to BRRRR when I can use my own fundsI am of the opinion that the CONS outweigh the PROS but please share any insights/opinions you all have.V/R Wes
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10 January 2021 | 32 replies
I'm 24 as well, and I'm just reminding myself that I'm young, and there will be many RE cycles before I'm ready to retire.
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26 September 2022 | 19 replies
Trustpilot isn't trustworthy since they literally recycle reviews and there was the same user who gave few wildly different stories.
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28 September 2021 | 36 replies
Oh, we had to worry about what trash and recycle days were 😏 and we had to learn how to deal with the inherited tenants (roommates in the top floor) who came with the duplex we just bought.
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10 January 2021 | 2 replies
You offer a gallon of milk for $3.
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10 January 2021 | 4 replies
If you invest in the right deals, when you refinance out you can recover your initial investment and continue to recycle the same cash over and over.
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11 January 2021 | 2 replies
Hopefully he'll leave in February instead of milking the situation until June.
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17 January 2021 | 8 replies
You could easily and quickly recycle your capital every three to four months.#4: These investment lenders offer several "Rental" loan programs which include Purchase and Refi (Rate and Term and Cash-Out).
19 March 2021 | 3 replies
Don't fall for the "free to attend" local workshops from "national names" that are only there to milk thousands out of your wallet.
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12 March 2021 | 9 replies
I would use your HELOC to buy your first, don't be afraid of value-add, and try and BRRRR, so that you can continue to recycle your capital.