Purchase price: $176,000 Cash invested: $53,968 Sale price: $220,000 Want to share my first flip, project.

The idea that the very thing I enjoyed most could potentially make me financially free one day seemed to breathe life back into a confused, lost 16-year-old.For over a year, I continued to watch, listen, and read about real estate investing, as well as study to take my Michigan Real Estate License exam.

To add more context, we have owned this particular property free clear for a few years now and want to make this property our first BRRRR, however we've never worked with a private or hard money lender before.

Just need cash inflows, cash outflows, and discount rate.

DSCR loans offer the following advantages over conventional:No income/dti/employment docsNot reported on creditClose in an entityClose quicker As for LTV, generally 75% on cash-out refinances and up to 80% on purchases.

Hey y’all,Exploring my first BRRRR, and curious about financing strategies of initial cash purchase vs HML.

Bottom line would have me cash flow $800-$1000 after all said and done.2.

My wife on the other hand had new credit but a 700  score they explained we need it to get her personal credit and then in 6 months apply for business they did combine $77,000 in buisiness  and personal the best thing was my credit score only drop 6 points and yes I used Kaydem financial to remove inquiries worth the price I got a total of $204,000 all interest free and yes its been 7 months since I complete it my funding all credit cards are active about to start the process again why pay a hard money lender points and high intresst when I can just use my credit card to buy real estate low interest no points 

They usually give you a free consulatation if contacting through the bar.

One thing I would add is that you can put effort on the front end into building a cash buyer list and know their criteria.