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25 March 2024 | 6 replies
@Jason WrayI don't think anything at a solid price point like that is "cash flowing right out of the gate," unless you are assuming an all-cash purchase and excluding debt service.
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25 March 2024 | 4 replies
Yes, The way it works is you can take out 80% LTV based on the purchase price and any repairs or receipts as a total.
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25 March 2024 | 1 reply
18% is pretty arbitrary without knowing the actual cost of the policy and therefore savings vs. potential repair costs.
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26 March 2024 | 39 replies
@Benjamin Sulka If i'm understanding you correctly, you are not liking the numbers of a duplex after you move out and have to rent both sides.I obviously don't know your numbers or what you are accounting for but if the building is generally newer and in better condition it is ok to dial back the capex and repairs budget in my mind.Additionally we pulled the trigger on our house hack really without considering what would happen when we left.
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24 March 2024 | 6 replies
SFH#1 seems to have stabilized for now after owning for a year and repairs were called in 6 times in 7 months.
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25 March 2024 | 7 replies
Typically the total loan will be capped at 65%-70% of the after repair value.
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25 March 2024 | 7 replies
There are plenty of agents out there, but most of them don't offer great service and don't understand the BRRRR process.
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25 March 2024 | 7 replies
These were generally against Quality Loan Service, Fidelity and Ocwen.
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25 March 2024 | 3 replies
They're targeting credit card companies, banks, hotels, airlines, utility providers, food delivery service, restaurants, auto dealers, event ticketing companies, and last but not least, property management companies.
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26 March 2024 | 12 replies
I think you should install it by yourself if you have an experience or you can have the services of a plumber.