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25 February 2025 | 10 replies
Hi everyone, heres my BRRRR situationpurchase price 520,000rehab 25,000Appraised at 600,000Rents are now at 1950, 1850 and 1600 totaling 5400My question is can i get a DSCR to take out all 545,000 as the rent roll to to a mortgage for that amount would ratio out to around 1.4 but....obviously appraisal is not high enough for 80/20Any info on this or suggestions would be great.
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21 January 2025 | 7 replies
The information contained in this post is not to be relied upon.
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26 January 2025 | 5 replies
In this case, you have 158 sq.ft. difference, so, for my example, that would be an adjustment downward of $5530 to $7,900 on the sales price of the comp.
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25 February 2025 | 4 replies
Not every BRRRR deal BRRRR's out completely, something the "no money down" gurus don't like to talk about.
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28 January 2025 | 4 replies
Sounds like this could possibly be a Schedule C activity so keep self employment tax in mind.
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12 January 2025 | 5 replies
I'm looking to investigate this market a little further and wondering if anyone can help me out.
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14 January 2025 | 7 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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10 January 2025 | 67 replies
I do not need information about how to do it.
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14 January 2025 | 9 replies
I wanted to take a moment to thank those of you who have already reached out or engaged with me since I joined this group.
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15 January 2025 | 13 replies
What about Debit Cards attached to a checking account?