Steven Barr
BRRRR in a down market
I should preface this by saying that I am not a BRRRR guy, and don’t pretend to know anything about it.However, I have toyed with the idea of doing it. The risk seems large though. If I take out a hard money loan to b...
Susan Barlow
STR Insurance - what is best?
My husband and I just had our offer accepted for our first STR. We currently have one LTR. As I am researching insurance for STR, is it better to go with Proper Insurance, who claim to be the only STR out there (I h...
Clementina Reynolds
removing PMI or paying off higher interest mortgage or saving/investing
Hi all--Mortgage 1) interest rate 3.5%, $10k left to remove PMI (purchased as residential, now use as an investment property)not cash flowing, but will be if I removed the PMI (cash flow would be like $50/month)Mortga...
Deja Williams
Hard money lending and holding costs
So when buying property using a hard money lender, while doing the rehab portion of the BRRRR method you obviously have holding costs that you have to pay while in the rehabbing portion. My question is how do you cove...
Doug Bielecki
Selling home in Oakland, CA- fees/staging/flexibility?
Hi all, getting ready to list our breakeven rental in Oakland, CA, in search for something to BRRRR with cash flow either local or out of state. Sourcing an listing agent to help get the unit ready and wanted to see ...
Henry Adewale
Refinance strategy as extra income
Hi, say you have a single family that you force value on. When you go to refinance after renovating and forcing value, If the property can still cash flow, do you take out more money than needed to pay off the purchas...
Saqib Mirza
Down payment assistance programs
I have found several programs that help with downpayment assistance at the state level and pending legislation at the federal level(bidens Downpayment Toward Equity Act). I currently rent but my future plan is to inve...
Janelle Hicks
Help me decide whether to add a bedroom/Bathroom, 1200 sq ft!
This is my second brrrr, assuming it works out. I bought this house for 84k "cash"- personal loan.The problem is ARV, I've gotten different realtor opinions, but prices in my area have shot up in the last 2 years due ...
Luke Carl
Refi Advice
Permanent Residence. It looks like a no brainer to me but I figured I'd throw it on here. 25 Years 3.75% $975 per month20 year 3.625% $1088 per month. Currently paying $1122 per month with 27 years left. (Paying PMI)T...
Assaf Berenson
Condo vs. Apartment - Rent pricing
I noticed that most apartment rental listings charge extra money for utilities which makes the actual monthly rent higher than what they advertise. In comparison Condos listings have utilities included in rent as thes...