Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
Is there such a thing? Any mentors out there? I want to make some investments, tried to put together a team of specialist CPA, attorney, and broker, but it fell at the first hurdle. It seems brokers just want to sell ...
Thank you to everyone for your comments on my last spec deal post, especially @J Scott and @Will Barnard.I’ve worked through the opportunity further, met with local real estate agents and other developers to get thei...
If I want to hire my best friend, for example, who has done work for me and I know his work is good quality, what issues will this present in my BRRR? Will I have an issue getting hard money? etc TIA!
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
What would you do with $50K in a SD-IRA? Assume you wanted an annual return of >18%.
So here I am wanting to make the most of the new year ahead and the questions I am always interested in for investors who have been flipping houses for a while is.....How did you fund your first flip? How did you fund...
Anyone used/heard of this HML??? Just found them.
Check 'em out: http://www.dohardmoney.com
They will go 100% LTP (loan to purchase), provide POF, backend their orig. fee and loan payments, etc.
They sound like a s...