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3 June 2019 | 5 replies
If financed using the traditional method that’s about 1350 per month.
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12 August 2019 | 3 replies
@Tyler Wisner you have some good suggestions above but many "buy and hold" investors look for 3 method of income on investment properties:Appreciation of the Property - Meaning the local economy is strong enough to support a healthy housing marketPrinciple Buy Down - Meaning every payment your renter makes to you pays down the principle balance of the mortgageCash Flow - the amount of money you earn each month that is OVER and ABOVE your expenses on the propertyIf you find a market where you can have these 3 items you should be able to have a good market to invest in.
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4 September 2019 | 11 replies
Your research access or method might be different than mine but I still have to do it.
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1 November 2019 | 3 replies
Here's what I mean:NORMAL BRRRR MethodPurchase with HMLRenovate with HMLRentRefinance with low rate 30 year loanRepeatUsing Renovation Loan....Let's call it BRRRRR Method (one extra 'R')Purchase with HMLRefinance that loan into Renovation loanRentRefinance with low rate 30 year loanRepeatSo under the 2nd choice, you would pay refinancing fees TWICE.
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4 December 2019 | 12 replies
put out several dozen on a Friday all over the city at Friday night at every intersection and stop sign .I call this method “ flooding the block “
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3 December 2019 | 5 replies
It seems as if that method is weak on cash flow but good for equity.
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6 January 2020 | 6 replies
@Kenneth Garrett I like the idea of not using your own money, but even with the BRRRR method, you still have to come up with a down payment and the rehab costs.
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11 January 2020 | 15 replies
Single-family buy and hold, BRRRR method, fix and flip, turnkey, multifamily, mobile homes, etc???
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7 January 2020 | 2 replies
What are the most important things to think about and research when analyzing/looking at foreclosures with the intention of going the brrrr method route?
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8 January 2020 | 3 replies
You would have to be able to negotiate a good discount and get the property under contract in order to wholesale and unless you can show proof of funds etc. agents will not work with you.That being said here are some ways to find motivated sellers. you can purchase lists with different motivations like absentee owners, 60-90-120 days late on mortgage, pre-foreclosure, delinquent taxes, water cutoff, code violation, evictions, probate, divorce, etc. and mail or cold call.Other methods are driving for dollars, door knocking, wholesalers, craigslist, Realtors, FSBO sites, expired listings, put out bandit signs, billboards, newspapers, other offline publications.You can use pay per click/adwords, motivated seller website with SEO, facebook, Linkedin, Youtube, and other forms of online and social media marketing.