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20 June 2018 | 2 replies
If you assume your BRRR property is in the same area appreciating at the same rate you are missing out on the benefits of leverage.There are a couple of wonky assumptions in here though.If you are really doing a BRRR I don't see where you are accounting for the "renovate" part of it.
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14 June 2021 | 10 replies
The only time lead paint is an issue is when renovating because the dust can be ingested.
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25 July 2018 | 10 replies
Well, the renovation is going, albeit very slow
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2 October 2020 | 5 replies
Have briefly discussed it a little with a friend of mine who's in the mortgage business but he thinks I'll have to put up a larger down payment(30%) which is meehhhhh for an SFR.
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18 June 2018 | 20 replies
I did talk with her and she, of course, has experience and has renovated and will just strip it, stain it and, what?
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15 June 2018 | 2 replies
We will borrow 70K for duplex + 20K renovations.
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19 June 2018 | 8 replies
I've helped an out-of-state investor purchase a property in which he drove to Memphis and completed much of the renovation work himself.
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25 June 2018 | 11 replies
Traditional lenders will want to see a proven track record and will want to lend against a much much larger portfolio of notes.Honestly, the timeframe is highly dependent upon you.
17 June 2018 | 3 replies
I am wondering how to go about the period of time from the renovation period to having the units rented from a financial standpoint.Thanks!
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15 June 2018 | 0 replies
We use a title company or attorney for our larger land deals.