Gary Montgomery
Lending and the self employed
20 September 2016 | 2 replies
If you have been at it long enough to have all the returns and financials the bank needs, but still have no luck securing the funds, Hard, Private or Asset Based loans are going to be your best bet.
Account Closed
AOC vs. 1st Fix/Flip - Hot Avondale area in Chicago!
20 September 2016 | 0 replies
I am based in California but investing out-of-state right now.I need advice on a great property I just got under contract in Avondale community of Chicago.
Brian Benson
New to BiggerPockets from Clinton, Arkansas
25 September 2016 | 8 replies
Although my company is based in CA and IL, we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S.Best of luck and continued success.
Christopher Goodin
Investor Jacksonville, FL -- First House Hack
21 September 2016 | 3 replies
Below is a breakdown of the current financialsGross Rent (me living there - 3 of 4 rented): $4,750Gross Rent (without me living there): $6,600Purchase Price: $372KRehab: $144KTotal (Purchase + Rehab): $516KAround 1 year later, I decided to refinance the property based on the new appraised value, and remove the PMI (1.1% - roughly $500/month).I am now on the search for a another property at the beach (single or multifamily), or other well located areas of Jacksonville, that have value add opportunities.
Tony Castronovo
Just Completed Two BRRRRs
27 August 2017 | 82 replies
This would have been based on purchase price
Kevin D.
Deal Analysis - Thoughts?
22 September 2016 | 4 replies
Hey Kevin, the reason I ask is not to just plug your numbers in, but rather what I would pay would be based on what the cap rate is in your area.
Account Closed
What kind of rehab would you do while using the BRRRR strategy?
21 September 2016 | 5 replies
Given the "range", perhaps make your decision based on the percentage increase in gettable rent vs the percentage extra it's costing ie.
Mark Stone
Pay student loans or invest in RE
1 October 2016 | 12 replies
So according to my calculations for my loans which are at 6.8% ($170k worth), I would roughly need a return on an investment of 9.44% to be equal to simply paying off my student loans, based on my tax bracket (if my investment was hit with income tax of 28%).
Fletcher Shawn
Rent or Sale?
25 September 2016 | 8 replies
Prices have gone up due to overall Portland metro but the tenant base has really taken a downward spiral due to gentrification of close in neighborhoods (no offense to anyone that lives there).
Lennett ONeal
New Investor in Maryland
26 September 2016 | 3 replies
I am based in Maryland as well if you ever want to reach out!