Jacob Ham
Trying to figure out how to BRRR
I am currently working on purchasing a 3/1 Townhouse at a large discount with a investment loan with a 15 year fix. I plan on fixing it up and rent it out, then Refinance for a 30 year fix and of course enough to purc...
Joseph Sanchez
FHA Mortgage Approval What Next?
Hello Everyone,
I need some advice. I was just preapproved for a FHA or Conventional Mortgage through BOA. The mortgage amount is 130k and up to 275k. The bank rep told me I needed to show proof funds in the amount o...
Nadia Daggett
Corporate Rentals vs Airbnb
Corporate Rentals, Rentals that are 1 to 3 months and sometimes up to 1 year, leased by businesses, snow birds, insurance claims and more, seem to be at least double in profitability than Airbnb/VRBO structured invest...
Venkata Soma
Refi options to pursue for a BRRR deal
Hi Everyone,
I have currently acquired a property in Milwaukee, Wisconsin. I am planning to do a BRRR deal on this one. I have acquired the property through a short term loan with a ballon period of one year and at h...
Shannon Ilas
Month to month or STR?
I'm a realtor in the Portland, OR area. With the current market, I often have clients sell their home quickly and need to rent 1-2 months while looking for a property to buy, or are moving here and need a place short...
Mike Hanneman
Get your ducks in a row for refi's
Don't know how I missed this but I just want to make sure others don't have the same thing happen to them.I got a good deal on a home in mid-town Coeur d'Alene, Idaho, which is becoming really hard to find. I got it u...
Jc Galang
Refinancing in BRRR all CASH
Hi everyone, first post. I've been lurking the BP community for a while and it's been exciting to learn from everyone. Thank you! This question has been asked multiple times in the forums and covered in some articles ...
Dan Wynn
Refi problem
Hey BP friends,I bought a home for 25.5k, put 32k in renovations, all in 57.5k, and got it appraised at 100k.I was going through a refi process with quicken loans, i worked with them for the past 3 weeks completing th...
Ryan O.
Refinance after cash purchase
I need some input for the community. I have a friend who's daughter is shopping around for her first home. They are hoping to purchase a distressed property and rehab it for the daughter to live in.The strategy is fo...
Chris Duffy
BRRRR with cash only or hard money?
Hi everyone,
Most of what I've read/heard about the BRRRR strategy is the purchase should really be done with cash in order to increase the velocity of the money by reclaiming the capital/making yourself more compet...