David Warneke
Short Term Rental Calculators
Hey All - New to the platform so I'm excited to get to know others and connect with likeminded individuals. (Hopefully) a simple question: what are some good short term rental calculators to use? I'm familiar with Air...
Vince M.
Can a short sale be done with these numbers?
I found an owner who wants to do a short sale but I don't even know if these numbers will work and what kind of deal to expect from the bank.
The loan is was originated by Countrywide just before the crash of 06-07 ...
J.R. Arebalo
New to the RE business. Looking to purchase first BRRRR.
Hello everyone,I've been reading and watching as much as I can the last month on Bigger Pockets. I'm excited to dip my toe in to the waters. I'm hoping to get started in January 2023. I'm looking to BRRRR in Texas (p...
Ancil Castillo
New To BP and Excited To Learn
Hello, I am new to BP, I have been watching on Youtube for the last few weeks and loved the content. I am completely new to real estate investing and am interested in the BRRRR method. It does feel a little intimidati...
Jorge Caicedo
How should I approach this one?
Long story short: Guy called me w/a 4-plex that's in pre-foreclosure..it needs slight repair work but he doesn't know the ARV or the amount of repairs. He's open to offers and there are 2 liens on it, one for $360k an...
Nathan Harden
Buying with DSCR then refinancing with DSCR
Hey BP community!I am running low on personal capital so buying a property outright is difficult at the moment (until I refinance/sell my BRRRR projects going on right now). I was wondering if anyone has any experienc...
Aaron C.
Is there any way to make an FHA offer competitive?
When competing against cash buyers on portals, and the MLS, I’m curious to know what kind of strategies are there when your offer is coming from a FHA loan or low down payment?
Bill DeLuca
Need someone to explain the refinance part of the BRRRR
I cant grasp the refinance and cash out portion of this strategy. I need someone I can call, I cant comprehend it any other way.Home under contract to purchase for $110,000Put down 20% ($22,000)Get a loan for $88,000 ...
Mike Nelson
IRS Dealer status question
I have a friend who was recently laid off and was looking to buy an REO in an OK neighborhood. If he buys it, fixes it up and decides he doesnt like the neighborhood in say 3 months time, and decides to sell, can the...
Lexie De Stefano
HELOCs: 5 Year length at lower rate vs. 10 years at a higher rate
Hello!I'm looking at taking out a HELOC on my primary residence (house #1), to purchase house #2 (BRRRR method in a high appreciation/low cashflow area) that I plan to use as my future primary residence. I've been deb...