Hello my name is Alexis. My partner Michael and I recently purchased a duplex in a historical neighborhood in Newport, KY. Our Initial plan was to renovate the lower unit, while we have the tenant upstairs and then re...
Hey everyone!My husband and I are going to be closing on a live-in-flip in a few weeks. We’re going to be living there for at least 3 years but it will inevitably be sold. It’s in great shape..inspection went well..it...
Has anyone sold a rental while tenants are occupying the rental?If you did, were you able to sell the home close to retail price or did you have to leave some meat on the bone to the investor.I have a tenant that is 2...
Hi Everyone,I have been living in a duplex for a year now and am ready to acquire my first property. I am currently working with a local lender on getting pre-approved for a FHA loan. I am hoping to be approved by the...
How do I explain to my significant other how we would get the forced appreciation in the BRRRR Method to cover the down payment in the refinance?
I am having trouble explaining where that money comes from. "How do we...
Days on market for houses that we are selling have been higher than I would like for them to be. The rehabs are nice and we are staging them. We are typically selling within 3-6 months which really isn't that bad in...
Hey everyone,I plan on BRRRR-ing a small multi-family. I am most likely going to end up with a semi or fully inhabited property.What are some strategies you have used or know about when renovating an inhabited multi-f...
I know this is a popular strategy. But my question is do you really have to “rehab” a house in order to be successful in this strategy? What if a house is in rentable condition? What’s the benefits of rehabbing? Looks...
Hi All,I purchased a distressed property where I was able to get a good discount on due to condition.One of the issues in the house is the house has two major roof leaks, that caused the ceilings to collapse in a bedr...
Hi Everyone, we have paid advance for a 1 bed and den with 1 and half bath condo which is $590k. Half bath is in the living room. Our plan is to live there for an year or two and rent it out. If we pay $80k more we ca...