Deandre Brown
Idea on first deal.
11 July 2024 | 9 replies
If you do not own a primary I would suggest buying a primary and getting a 2-4 unit to start off with a multi door cash flow.If you buy a primary you do not need a PML you can get 100% financing under a few programs or a DPA.
Greg Teplansky
Should I use a professional designer?
12 July 2024 | 12 replies
It can be worth it to spend a little bit more on those items to limit recurring replacement costs.I hope that’s a helpful starting point.
Dewey Paxon
Advice on a hard decision (should I sell my STR in the Dominican Republic)
9 July 2024 | 16 replies
The $950k is totally irrelevant if the property is worth $1.75 million.
Account Closed
Does this Triplex make sense for my 1st deal? (WISDOM Wanted)
9 July 2024 | 1 reply
However they haven't had any other offers and it has been on the market for roughly 70 days.At the accepted offer rate our mortgage would estimated be:Year 1 - $5231Year 2 - $5750Year 3-30 - $6292Each of the 3 units would rent for an estimated 2-2.5k totaling roughly 6k-7500 per month in income depending on what we can rent each unit for.So with all that being said, conservative numbers the triplex would cashflow roughly 1k per month assuming we don't live in it and have all 3 Units rented.That seems like razor thin margins, especially when factoring in expenses so my question is:What is the cash on cash net return per month you would look for in a triplex deal like this?
John Moseley
Has Anyone Heard of Tim Bratz?
8 July 2024 | 42 replies
I haven't worked with him but I'm getting started doing private lending with Matt.
Josh Levan
Seeking Market Knowledge in Tampa, FL
11 July 2024 | 29 replies
But I would start your own meetup group!
Alonso Rodriguez
Tax Deed Sales In Texas
7 July 2024 | 1 reply
On an auction I was researching the Tarrant County Tax website lists the total due for: $14,079.
Sharma Parth
Looking for guidance from mentors/experienced BRRRR investors in Philadelphia area?
8 July 2024 | 8 replies
When you talk about path of progress that is important to upside/appreciation, but I place a higher focus on finding "value" from the start.
Nathan Furlow
Currently doing BRRR- does it make sense to add full bath for $25k?
8 July 2024 | 11 replies
Total Investment for this option is $113,450- $1350/monthly or $16,200/annual with all annual expenses totaling $15,614 with positive cash flow of $586 (7% CoC Return).
Rachel Payton
1031 exchange from duplex to house with a business
11 July 2024 | 4 replies
Where do I start?