Hamlin Caldwell
Question on BRRRR financing with Hard Money
Hey new to the site, and to investing! Been listening to the Podcast for a while and looking to put my first deal together. However need some advice on BRRRR financing. My stratergy/thought right now is to househack a...
Taylor Chiu
Best Rental Line of Credit Rates in 2017?
Hey everyone, I'm looking to get a line of credit (LOC) on some of my investment properties (non-owner occupied). I've seen some of these threads before, but none within the last while, and I figure one of these every...
Ted DeKowzan
Brrrr refinancing woes - Colorado Springs CO
Hello BP Community,As I’m sure you are all aware one of the biggest challenges with real estate investing is financing. Whether it’s financing the purchase of a property or refinancing an existing investment property ...
Ac Choudhary
Purchased multiple properties, what would be the best route to finance?
Ive puchased 14 homes during the meltdown. Purchase and rehabs were all self financed, and they have all been producing steady rent, 92% collection since 2010. I've depleted most of my funds and wanted to explore op...
Patrick Reynolds
I moved before Refinancing out of my BRRRR, now what?
Hello BP,I did an FHA conventional on a property in Worcester, MA in 2016. I purchased for $216,000 and had financed the repairs on an introductory no interest CC over the next year to rehab the property. Last year it...
Cian R.
Property in LLC – Financing Suggestions
I recently purchased a renovation property using an LLC that was formed specifically for holding the property. It was purchased with all cash so there are no liens on the property. Because the property is held under a...
Chase Rule
Low money down options
A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at. The DSCR lenders and Commercial bankers I've spoken with don't know what I'm tal...
Lawrence Holloway
Any lenders roll the down payment into the loan?? Help please
I have a great opportunity to acquire 12 SFR! The only problem is the down payment! I will partner if needed, but only if needed. I would like to know if ANYONE knows or has heard of any lenders that will roll the dow...
N/A N/A
TWO Mortgages for ONE House?
I'm in the market to buy my first home (30 year fixed), and today I talked with my first potential lender. It made me realize that I need to get ALOT more educated. LOL.
They approved me for up to $200,000 at 6.25...
Thomas McPherson
Common Mistakes in a BRRRR
Hi all, I want to start the conversation about common mistakes when doing a BRRRR. Here is my short list:
Overestimating the After-Repair Value (ARV):Investors sometimes overestimate the future value of a property a...