Elliot Saks
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey everyone. Looking to do my first BRRRR. I'm wondering what I'm missing. The proper...
Account Closed
BRRR strategy confusion - Refinancing
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
Natalia Benshaw
What is a fair split?
I am in talks to partner with a firm that specializes in short sale negotiations but buys alot of the deals that come in and mainly
flips them.
I have been focused on building my multi family portfolio but don’t h...
Ryan Agustin
Refinancing 30 unit property in Georgia
Trying to refinance my 30-unit Georgia Property. The problem is that the Navy FCU has denied the application due to my partner not meeting the desirable credit score of 650+. B2R financing was a no go due to rents n...
Erik D.
Financing a rental by calling it primary residence?
I am having trouble getting a mortgage due to my debt to income ratio. I am looking to purchase my second investment property. I own my first one outright, and I can't even get a cash-out loan. Excellent credit, en...
Bill Robinson
6-unit Analysis, my thanks in advance
All,
I'd appreciate any input you all might feel like tossing in. I am looking at a 6-unit building and have been trying to figure out my own analysis and want to see what any of you think...
Size= 6 units ($500/mo...
Robin Simon
Loan Purpose for DSCR (Rental Property) Loans: Does it Matter?
Adapted from a twitter thread (@RobinSimonESC), thought I'd share here!
"DSCR Loans" are popular investment property mortgage loans for real estate investors, perfect for people that struggle to qualify for convent...
Phil Park
First rehab, I need some advice on financing and also exit strategy
I found a two unit deal in my local area and I am looking to do my first rehab project on this property. Basic facts about the property,Property Price : 15k (I was told there is a LOC on the property that needs to be ...
Vik P.
Does anyone have experience with Corevest Finace line of credit?
I have been approved for a large acquisition/renovation LOC from Corevest Finance. I am planning to use it to significantly expand my portfolio (mainly BRRRs along with some fix n flips) lin three different markets
...
Pete Largo
Multifamily Syndication - GP Contribution
Few of my friends and I are forming a Multifamily real estate syndication. We are at the stage of evaluating various markets. Can you please let us know what % of purchase price the General Partners usually contribute...