11 January 2019 | 5 replies
You can use cash-out refinances to extract more equity forever.
10 January 2019 | 15 replies
Ideally, I achieve infinite ROI via the BRRRR but I do not achieve a full extract of my investment unless I get a significant assist via appreciation (so I fail on the infinite short term ROI).
17 April 2020 | 3 replies
Goal is to extract equity from this project ASAP for another.
9 May 2019 | 6 replies
Extract your capital and do a 1031 exchange into a MFR that can generate better returns.Some notes about your analysis:Since you already own the property you'll be able to refi pretty quickly, but in a typical BRRRR you should expect at least a 6-month seasoning period before a lender will refi based on a new appraisal.You're missing the following expenses:CapEx, should be around 15% when combined w/ RepairsManagement (10%) always include this even if you plan to self-manage at firstVacancy (8%)These additional expenses make you cash flow negative, even at 60% LTV, which is why I recommend selling this property.
2 May 2019 | 2 replies
Rates are low and you have solid equity to extract so now would be a good time.
25 November 2015 | 7 replies
Really, I'm looking for a way to extract and build upon the equity I already have in real estate.
25 November 2015 | 10 replies
But then I have to pick through 4200 grandchild pics on the SD to extract a couple of our recent rehab!!!
24 December 2015 | 11 replies
You put your properties in, but extract cash regularly for your personal expenses.
2 January 2016 | 60 replies
Cap rates are extracted from closed sales and identify what a NOI (for a one year period) sold for expressed in a percentage.4.
28 September 2015 | 10 replies
Should I try to extract any further provisions?