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21 November 2021 | 3 replies
If I want to scale my portfolio, traditional 20% down mortgages aren't going to be possible because of the property value here, so wanted to see what other popular methods are possible.2) How can a rookie investor get comfortable with buying out-of-state?
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8 December 2021 | 14 replies
Hello @Isaiah J Aragon,I applaud your methodical process.
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22 November 2021 | 1 reply
My goal is to reach 50 doors in four years thru the brrrr method and know that in order to do this I need to start positioning myself In higher dollar per hour rolls and build up a team to help make this happen.
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29 November 2021 | 36 replies
I’m curious what methods some of you are using to secure profitable short-term rentals with the inflated market values we are seeing today.
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22 November 2021 | 2 replies
That's the beauty of the BRRRR method - now you can take those funds and go onto your next property!
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22 November 2021 | 3 replies
I only ask because if you don't and have a loan on it or are intending on getting a loan on it (BRRRR method) in the future it is easier to get a loan if it's in your name and you can get more $$$ if it's in your name. 2) If there is a loan on it most lenders will give you a hard time getting it into the name of an LLC (We are in PA and tried to do the same and had a hard time changing it into our LLC then only to find out the banks did not want to lend on it cause it was in LLC and when when we found one that did they only wanted to give us 60% of ARV so we had to change it back to our name and get the 80% on it.
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22 November 2021 | 1 reply
Working a second job (for someone else) doesn't solve those problems.
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18 January 2022 | 6 replies
Property: TriplexLayout: Main level = (1 unit) 2 bed / 1.5 bath Upper level = (2 units) 1 bed / 1 bath Condition: Both upper units are messy (tenants) and rented under market value. The bigger, main level ...
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24 November 2021 | 8 replies
I think you have two routes to go about this. 1) This method... you have cash on the side ready to go.
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23 November 2021 | 1 reply
Does that sound like a good investment starting out or should I run numbers on homes in our area and try to convince my wife to get into flipping or using the BRRRR method instead of putting our money in building a garage with an apartment above.