Kenneth Garrett
Multi-Family deal analysis
Hi All, Can you look at the numbers below. I think the numbers make sense. 6 Flat B Area. Gross annual rental income $68,400Net Operating Income $25,500Cap Rate 6%P&...
Jake Rhodes
Bank will refi on Cost of home + repairs ONLY not Appraisal
I went to the bank yesterday and they said if doing the BRRRR strategy they would only give me 75% LTV (if held under 3 years) on the purchase price and the rehab costs. NOT the appraised value.
Example. Buy for ...
Casey Spence
BRRR / What would you do with REFINANCING in this situation
Hello,
Our personal residence is Zoned R2 but is currently taxed as a single family residence. This said, we have a separate living headquarters on the East side of our house where Grandma lives...So actually our hom...
Erik Stewart
West Fargo 4 Plex, Erik's 3rd RE transaction
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $261,000
Cash invested: $9,135
This is a 1978 4 plex building in a nice West Fargo Neighborhood, with the Ch...
Robert Granara
$5K deposit realtor wont return calls
i put an offer in about 5 months ago on a short sale...ive had contact w/ the broker monthly...however i just called him and emailed him and nothing the last few days...his voice mail is full and i cant leave a messag...
Jessica Vanderveen
BRRRR in Canada - any different than in US?
Hi everyone! I just finished reading @Brandon Turner's book, and am in the middle of @David Greene's BRRRR. I just bought my first real estate deal and I'm planning on using the BRRRR method. I live in Canada. Are th...
Jeff Barnard
Accidental landlord experience
Investment Info:
Single-family residence buy & hold investment in Willoughby.
Purchase price: $56,000
Cash invested: $10,000
Sale price: $88,000
Accidental landlord experience. Purchased as a...
Ollie Malone
Maiden Voyage into the Real Estate Investment World
Investment Info:
Townhouse buy & hold investment.
Purchase price: $65,000
Cash invested: $15,000
Updated family-owned townhouse to increase rentability and market appeal. Replaced all flooring, ...
Harry Burgos
Home for sale in Florida... trying to help.
Hey everyone! I’m looking for answers... so my girlfriends dad is looking to sell their home in St. Petersburg, Florida. It’s on the market, they just had an offer on the table but buyers backed out after a 4 point in...
Michael Lee
Exit on a lease option (resell)
Hello BP,Anyone familiar with the best way to exit a lease option with a resell?We acquired a property using a lease option. We renovated the property and is now ready for the resell. What is the best way to set up th...