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Hey All,
First time caller, long time listener.
I have finally decided that the real estate market is the direction I want my life to go in. I took the first step by buying a home cash 6 months ago. Unfortunately, I...
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So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...
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Hello I am currently looking for credible turn key providers that offer conventional financing
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I'm going back and forth on either using a conventional bank loan or saving enough capital to eventually buy a property in cash (and hopefully utilizing the BRRRR Method). I understand there are benefits to both. What...
I purchased a single family property in cash last year and am considering a cash out refinance. I have a private lender that is showing me a 30 year fixed product that would cash out 75% of the property value. If I c...
I have a BRRRR property with an ARV of $130k. I plan on taking advantage of the cash-out refinance (75% LTV) to recoup my purchase and rehab costs. I'd like to avoid coming out of pocket at closing for the closing cos...
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Hi BP Community,I'm new to bigger pockets, recently found the podcast and loving it. I'm originally from London and have been living in New York for the last 2.5 years.I've saved a chunk of money to use as a deposit f...
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Hello I'm Ray i'm getting into Real Estate and im learning everything from myself and always asking questions and all that good stuff. So i ran into a question nobody has be able to answer for me and that's how do i f...
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Hello all!So me and my wife own a home and we were thinking about renting it out and house hacking a multi family property here in Southern California. Our goal is to create income through multi family rentals. We wan...
Hey im new to investing and have a house i bought in cash.I want advice on the best way to invest in more properties by not using my own cash this time? Thanks!