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Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
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Ive been reading most of the morning on BP. I have read of how many people here do not have any good experiences with Wholesalers. That really bums me out. I have been reading as much as I can in the past few week...
A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...
I have a very nice couple with three well behaved kids that wants to rent one of my homes. The problem for me is trying to verify if they are good tenants or not. I asked for the standard copies of each of the couples...
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If tomorrow you suddenly had around $300,000 cash, would you:Try to purchase several $50,000 homes and rent them out?Purchase a couple $100,000 homes and rent them?Buy fix and flips and rentals using the banks money?I...
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HEY EVERYONE! I'm new to BP. I have been watching a lot of the videos on the youtube channel and currently reading the book on rental properties (which I love) but just decided to be an active member on this website. ...