Hello, Is there like a rule of thumb on what percentage of the home price should be the most an investor pays for renovating a rental property and what the highest percentage you pay for renovation a home using brrrr ...
I am looking for some funding tips for the renovation of a newly acquired apartment building. Is the best practice to take another loan, bring in more partners etc?
Investment Info:
Single-family residence buy & hold investment in Los Angeles.
Purchase price: $642,000
Cash invested: $135,000
BRRR is possible in Los Angeles! It is just a carefully planned pro...
We have a few condos in a complex that are older style units (20-30 years old), the rent varies in the complex we see some people remodeling the entire inside of 2b2b and getting $1600-1800 in rent while others that h...
Hello,
I am a new investor and I am looking for advice on what to do with my second investment property (House Hack / BRRR). Specifically, I am weighing my options and trying to figure out if I should keep my proper...
I am closing on house this week. The plan is to turn my current residential property into a rental. After 15 years of living in the property, the renovations feel more like upgrades. Does anyone have a rule of thumb...
Is refinancing creating more debt?
Hey guys,So in epoxide 769 David walks us through a BRRRR calculator of a potential property. I am having trouble completely understanding his calculations due to the HELOC payback seemingly not included. Starting a...
Hi all, I'm working on 2 separate deals that pencil out well but I'm not sure which to do. For reference, I've only got funds for one.
The first deal is a value add 7 unit (1/1) in South Carolina, B class with lots...
Hey BiggerPockets Community!
I wanted to share our personal experience with a "Live-in" flip at the age of 21. My girlfriend and I embarked on this adventure, and I'm excited to walk you through our journey, from sec...