Mike Reynolds
Questions about an offer
3 October 2021 | 6 replies
I think the buyer is willing to go the extra mile.
Austin Bright
Best lead gen/data mining tool
3 October 2021 | 0 replies
I already utilize a pretty good texting service, so I'm not looking to pay for extra features.
Jessa Batylin
HELOC or Hard Money Loan
4 October 2021 | 7 replies
I then recommend doing a cash out refi on the new investment property on the refinance portion of BRRR to pay off the HELOC which would allow you to draw against the HELOC again during the repeat portion of BRRR while once again avoiding closing costs.If you do a cash out refi of your primary to fund the purchase and rehab, you likely will have a large amount of closing costs, and since it could take a month or more to be approved, you likely wouldn't be able to take out the exact amount needed which means you will be paying extra closing costs and additional monthly interest charge that could have been avoided with a HELOC.
Collin Maher
Rough Single Wide Turned VRBO
4 October 2021 | 3 replies
If I were to completely remodel the home with an extra 20K in renovations.
Jake Lilly
The 50% Rule on a BRRRR Project. Do or Die?
4 October 2021 | 1 reply
Or is it more of an extra measure used to be more confident in a property's ability to cash flow?
Jonathan Tavarez
Maryland Family Flip
4 October 2021 | 0 replies
I realized that this type of deal carry an extra layer of stress since I was working with family and I want to make sure they got good value but at the end we had a great product, sold for more than originally expected and everyone was happy.
Jerod Blomberg
Dominion Group/Finance my rental.com
9 March 2022 | 4 replies
Close took a few extra weeks, but so have all my other loans in the last year.
Clayton Silva
First Investment Property
4 October 2021 | 0 replies
I added an extra $175/month in cash flow with very little cost (I think it was like $2,200 for the refi).
Clayton Silva
First Investment Property
4 October 2021 | 0 replies
I added an extra $175/month in cash flow with very little cost (I think it was like $2,200 for the refi).
David A.
What did you accomplish today thanks to FB/Instagram being down?
4 October 2021 | 1 reply
I'm a light user of these social media platform but somehow today felt extra productive.