While performing analysis on a BRRRR deal I'm noticing that when it comes time to REFI if I underestimate my ARV I could potentially hurt/lower my cashflow due to the higher loan costs I will be required to pay. Is t...
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Hey BP community!With Fannie and Freddie proposing that the new cash out refi period going from 6 months to 12 months, I am curious to hear how everyone plans to continue to BRRRR with this happening? Are Hard money/P...
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When doing a cash out refi to use the funds to buy another property, technically you end up with a larger mortgage loan, hence larger payments... is the concept that the rent income from the new property should cover ...
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View report*This link comes directly from our calculators, based on information input by the member who posted.
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I want to purchase a multi-family home using my VA loan. How much total cash on hand is recommended to have before buying? Say I want to purchase a property worth 300,000 - 400,000, what is a reasonable amount of cash...
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Hey everyone, I'm new to this so when I ran the numbers with the BRRRR calculator I thought, I have to be crazy. Can someone help me, am I missing something here or should I go for this immediately? (note, my "repair ...
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Help me figure out if this scenario I thought up has potential to work or not.First Leg:Purchase Price: $500kDown Payment: $100kClosing Costs: $20kLet's say I want to purchase a short term rental at the price point of...
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Hello,current situation: I’m military and wife is a realtor. We Live in our primary home that we would like to stay in for at least 5 years. We own 1 condo that cash flows $400 a month after all expenses etc.
questi...
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Is there a better way for me to buy properties than the way I do it now?
I currently purchase rental property with 20% down and take out a 30, 15, or 10yr mortgage. I have done this for my past 17 properties. This ha...
Hi everyone. First time poster here. My mil is in a tricky situation with downsizing and being able to afford a small home in an area close to family. We are not having luck finding a home in her price range. I was lo...