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We’re on the way to completing our first BRRRR. We bought & renovated a tri-plex in the EaDo submarket of Houston. We just secured our last tenant bringing our leasing to 100%. My question for the group – do we ne...
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Hi BP, was looking for a way to get around the 6 month seasoning period. I researched the delayed finance exemption and understand some investors put the rehab costs on the HUD when closing and are able to recoup the ...
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I am a new investor, I flipped 2 properties with my own money over the last year and a half. My 3rd purchase was my first buy and hold in October 2013, which I just rented out 4/1/14. The property is free and clear of...
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I am currently reading the Multifamily Millionaire series and have a question regarding the BRRRR method. If I plan on using a cash-out refinance commercial loan (5+ units) and am going to use a mortgage broker to fi...
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So on the BRRRR method the investor is supposed Rehab the property and then rent the property and then refinance the property. After the rehab the house is going to look the best it will probably look until it is reha...
My partner and I just closed on our first deal (3 plex property in Cleveland) after a year of education and 6 months of analyzing and making offers. Its been fun and now we are learning more than we ever have by jump...
Hi all, New investor here with some questions on the refinance portion of the BRRRR strategy. Most banks that carry Fannie/Freddie loans have a seasoning period of 6 months which is a long when you have carrying costs...
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Hey everyone,I was just thinking about this the last couple days and unable to come to my own solid answer, so decided to ask all you wonderful experts out there. When it comes to the Refinance portion of BRRRR, I un...
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Hello BiggerPockets community. I am looking to apply BRRRR utilizing hard money. Most banks will require 6 month seasoning prior to cash back refinance. I read responses in posts stating their are lenders that do not ...
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November 2023 Housing Market Update: No inventory growth in sight despite high mortgage rates_____________________________________________________________Supply – record lows and falling- There were 10% fewer homes li...