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13 November 2024 | 12 replies
DSCR is often selected for the BRRRR method because it flexible seasoning.
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11 November 2024 | 9 replies
this is old tried and true method of simply having you pay them to get credit cards .. there is no need to pay for this service.. unless you want to of course.. there is no magic bullet ut there that is going to give you credit and financing unless you actually qualify for it.But zero interest credit cards are used by some to do rehab and then pay them off issue is though your fico score drops like a rock the second you take on all these CC.Also starting out there is zero chance of getting any kind of business line of Credit that is unsecured.
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5 November 2024 | 8 replies
Premium increases are rippling through the market; the state is also always going to be financially strapped/high tax due to union pension commitments from past generations and the high tax, high services nature of Chicago.I'd highly recommend getting on a plane and driving around before you buy anything there.
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10 November 2024 | 2 replies
This is technically a method of buying/selling real estate, which is illegal without a real estate or law license.
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13 November 2024 | 18 replies
If I go with the BRRR strategy would love to hear some tips on how to successfully manage the rehab remotely. if you have money you could potentially lose to learn quicker start with the BRRRR method.
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9 November 2024 | 2 replies
Nathan's search method usually works, but I use what Google suggests: '<search item> site:www.biggerpockets.com' (without the single quotes on the Google search bar.)
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11 November 2024 | 6 replies
This method allows you to take some of the profit tax free and indefinitely defer the rest of tax, using it to purchase larger, nicer property/properties in areas with better cash flow potential.
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17 November 2024 | 30 replies
The entity doesn't change the nature of the income to you.
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8 November 2024 | 18 replies
Also, is there any method you know of to shorten the cash cycle?
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13 November 2024 | 13 replies
Hey Marshall,I would consider going the BRRRR method.