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Hello!I am trying to better understand the analysis process for BRRRR deals. Specifically, when looking at a potential property to BRRRR, how does one evaluate how much rehab $$ is needed to bring it to an ideal ARV? ...
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Hi guys,
I'm in contact on a rehab deal and I'm contemplating if I should go with hard money or rather with an equity partner.
The basics of the deal is
100k purchase price.
25k rehab.
180 ARV.
This should be a...
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Hello out there BP.A developer down the street bought an old building and did a great job bringing it back to life. After researching the title on that property, I discovered he used a loan I am unfamiliar. It is call...
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Does anyone know how a situation is handled where you have two structures on a property. Live in one structure for 2 years and always rent out the second structure. Then after two years rent out the structure being ow...
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Hello Everyone!
Hoping for some advice and a little insight.
When interest rates were lower, July 2022, we locked in heloc fixed for 3 yrs at 3.25% interest only. We just purchased rental number two and I wanted so...
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Does anyone have a great lender they've worked with recently? PP would be around 2M and primarily POH and the age of the homes is currently unknown. Just did a deal with Vanderbilt and wasn't too impressed, so I would...
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I am in a reflection mood. Think of your worst deal you have done. What happened? Did you buy at too high a price or was there an unknown problem that popped up?
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My wife and myself have found our dream house but are concerned about an unknown dirt or soot that is in the home. Home description: ranch style home with basement in eastern NC, no crawl space, central heating and ai...
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Hello everyone. I am working on putting a large, 70 unit, apartment building under contract in Ohio. The property is made up of seventy 1 bedroom apartments across three buildings. Think of a hotel style building. Som...
Hello, i currently own a home and want to move out, I have a few options but not sure if any are better than the other. home currently has some equity. 1. sell and buy a cheaper home. 2. Sell home and move to apartmen...