Brett O
Simple way to spot a good deal, what do you think?
I just had an idea, if we could figure out the maximum amount of dollars we could pay for a property per $1 of monthly rental income we estimate the property will bring, we would have a very easy way to figure out how...
Richard Goore
Loan options on 4-plex in IN
I just purchased a 4-plex in IN with cash. I would like to put a loan on the property to pull out as much of my cash as possible to use for other property investments. Wife and I have high credit score and we are hi...
Kurt Granroth
Typical Cash-on-Cash returns in Phoenix metro?
I'm likely going to start BRRRR investing next year and since the first 'R' is 'Rehab' and I plan on doing as much of it myself, that does dictate that the properties are also local.What I'm trying to figure out at th...
Matt Powell
BRRRR Strategy - I don't get it.. what am I missing?
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Alberto Vargas
How's should the rough math of a BRRR look like?
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 ...
Huy Thai
WHAT'S THE WORKAROUND TO GETTING PURCHASE + REHAB INTO DFE???
BP,I searched the forums last night but couldn't find the answer. Some have asked this question in some form or another but here goes again.PRO: I want to pay cash to get the deal and close quickly. CON: Because I use...
Matt Leonard
Cash-out refi on primary, to pay off/down rental ARM?
This makes sense to me - but would love anyone else's feedback. Thanks in advance!I am in process to cash-out refi my primary ($850k value, $240k owed, 3 years in on a 30-year fixed at 3.75%) - at a 30yr fixed at 3.4%...
Leon Lee
Cash-out refi on several SFH properties, does it worth it?
Hi, Fellow investorsSome of my SFHs have accumulated some equity over years. I asked about cash-out refi from a loan broker that I have been working with for years and was given the following terms (see attached scree...
Nicholas Henry
Loan or my own cash? First time buyer, out of state investment
Hi Everyone,I have enough cash to finance my first purchase on my own...but should I? Aside from the learning experience, there are several reasons why I might (or might not) want to take out a loan.My target investme...
Troy Halsey
What is the best route to cash flow
Hello BiggerPockets my name is Troy, I have a very interesting situation and was trying to figure out the best route to take next on my real estate journey. I presently own two renters out right without mortgage and h...