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30 November 2021 | 4 replies
No matter which depreciation method you choose, you will need to allocate part of the sale price to the tub, using its fair market value at the time of sale, as correctly suggested by @Christopher Smith.
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30 September 2021 | 3 replies
My plan is to invest in Cleveland turnkey multifamilies in the $80k price range with a 20-30% down payment.My questions are in regards to financing.I’m understanding that commercial loans (due to the low value of the property), hard money (due to the long-term nature of the financing needed), asset-based loans (due to unavailability), and portfolio lenders (due to low assets) are out of the question.How long would I have to work before I could qualify for a mortgage on one of these properties?
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6 October 2021 | 7 replies
We are interested in Buying a Multi Family to rent and generate cashflow but we are also Interested in the BRRRR method.
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20 October 2021 | 19 replies
Avoid any city on this list.Disaster Risk - Some parts of the country are more prone to natural disasters.
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3 October 2021 | 12 replies
@Di Ye Whatever you do and whatever your method of screening... you must remain consistent!
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30 September 2021 | 0 replies
I'd like to draw out equity to purchase another as I'm now starting to follow the B,R,R,R method (to some extend - as I learn more).
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1 October 2021 | 13 replies
See if the seller will consider owner financing.There's a book in the bookstore that has a variety of creative methods for purchasing property when you don't have a lot of personal funds.
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6 October 2021 | 6 replies
I like your scaling method as well, buying a bigger house at each location if I sell the previous location.Thanks!
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4 October 2021 | 4 replies
What method should I use?
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3 October 2021 | 3 replies
Hello Bigger Pocket Family,
I'm finding my first property to BRRR. Any advice? Also where would some of you recommend I look at comparisons. Sites like Zillow and Redfin at the moment are not showing a lot of the pr...