Account Closed
Rent-Refinance portion of BRRRR
Hey guys, Just wanted some clarification on how this section works. Lets say, using hard money, I purchase a property at auction for $35,000 that requires another $35,000 in repairs (included in the hard money loan). ...
Sloane Rowan
RE License State Portion Question
Hello!I have been a broker in another state for over 12 years and I am gearing up to take the NC State Portion Exam. Can anyone suggest a course that is geared specifically for the NC State portion only? I was very ...
Josh Holden
Mechanical portion of Apartment Complex
Hi all, I am a mechanical contractor breaking into multifamily. I have done some remodel but I am bidding my first new construction project of 294 units. I would like to know what subcontractors typically ask for upon...
Kevin Mouck
little confused on the refinance portion
Hi everyone,I am new to the site and looking to get into investing here in Calgary. I am looking to get into buy and hold using the BRRRR method and for now am focused on single family or duplex units. I am still a li...
Clint Brown
HELOC For Portion of Down Payment
I’m looking to purchase my first investment property and am targeting SFRs or small multi-family. I don’t have the capital for the entire 20% down so I’m considering using a HELOC on my primary residence to fund a po...
John Taylor
Financing Needed-Seller Financing a Portion
Hey BP! I need some help. I have been working with a local bank trying to do some creative financing on a 21 unit property. The problem is that most banks in my area have no idea about creative financing. I feel l...
Alex Conway
First Investment Property, 1/2 portion?
I am going to preface this with I fully anticipate going in and talking to a real-estate attorney prior to committing to anything but I am hoping to gather ideas/questions to go into that meeting more prepared. I alwa...
Dave Blackman
BRRRR confusion on equity refinance portion
Hi everyone -- I'm two SFH's in on my REI journey and looking for more! Want to do some BRRRR but am a little confused on how the numbers work. Will this strategy not work when purchasing a property conventionally (...
Andrew Wright
Live in Basement, rent top portion
Hey All, New to the site and so far I really love it! Like others have said, there is a boat load of excellent information on here. I little about me, I am not married, 30, consultant, no debt, decent amount of saving...
Jonathan Plant
ROI Calculation on personal use portion
I own a property that has a triplex and a duplex on it. The bank only sees the property as a triplex. I rent 3 units out, have 1 AirBnb, and live in the last. My personal use portion is 63% of the total sq' of all 5 u...