Always analyze comparable thoroughly and have a very good estimate for your rehab cost.

It sold for $238,500.Needless to say, I feel regret at not analyzing better and making a stronger offer.

This is why I constantly say analyze the sponsor FIRST and the deal second.

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*This link comes directly from our calculators, based on information input by the member who posted. Hello, This is my first time using the BRRRR calculator and I had to estimate some of ...

More than 2 hard inquiries ding you, but they usually "disappear" after 2 years.Most likely the HELOC is the one causing the biggest drop - in the past HELOC was counted in the same categories with mortgages, but nowadays it's reported as credit and counted in your credit utilization rate together with your all other credit cards.

If you analyze Texas, the population has doubled in the past 40 years.  90% of that growth has occurred within 50 miles of I-35. 

Then the next step will be analyzing the market to get more familiar with the local neighborhoods/price points and rent amounts, etc.

Analyze trends for home purchasing and rentals, depending on your strategy.

I've got a lead on a property in Beaumont, TX and and looking for some help analyzing the area and market there.

I've got a lead on a property in Beaumont, TX and and looking for some help analyzing the area and market there.