Hello all, looking to take the plunge and pick up our first (intentional) investment property. The logistics of BRRRR are a little too daunting for us right now, having not built a very robust network (particularly i...
Hello BiggerPockets family, I am new to Real Estate investing by way of the BRRRR strategy. Like most rookies, I have a YouTube University degree and I've listened to hours of BP podcast. For the most part, I understa...
So a bit of background. I've been in real estate for almost 17 years. I've been a licensed lender since 2008 and have flipped hundreds of homes. Starting a hard money lending company makes sense to me since I have hun...
Hey guys I have been lagging for the last year to do action until today I finally picked up the phone and started calling and I think I'm ready to devote as much as I can and do the flip
so due to my capital limitat...
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
Hello,I am currently in escrow for an 8-unit "C" property in Central California and was hoping someone could help me with something. I received the property's one-year P&L statement today and there were a lot of l...
Hi All - I just finished a rehab in the Buffalo, NY Market and received an appraisal back this morning for $145,000. Bought it with cash and used a personal loan to rehab so there is no debt on the property today. My ...