Brenton Fowler
High Appraisal for a BRRRR
Hello, I'd like to pose a hypothetical situation. I'm curious on how members of this community would handle it.Let's use a typical BRRRR example, buy for $50k, $25k rehab, with the hopes of a $100k ARV and $1k rent. I...
Jeff P.
Brrrr cash out refi Fannie Mae surprise limitations?
I will try to keep this brief.
I have 100% equity in a single-family rental outside of Detroit Michigan. I am in the process of doing a cash out refi. The house appraised for a little more than what I expected. The ...
Nick Weidner
50% Rule / 1% - 2% Rule
Disclaimer... New Investor, purchased my first duplex this past Sept. Now to my question:I understand the 50% rule and the 1% / 2% rule, what amount to you apply the rule? For example if you purchase a property for...
Neddie Smith
BRRRR Calculator - Are some calculations just wrong?
Warning: Newbie questions contained below :)I have been testing the BRRRR Calculator and my train of thought tells me two values should be calculated differently.Calculation 1: Rehab - Total Cash OutlayCurrently this ...
Archimedes Jao
Cash out refinance
We rehabbed an STR, bought it at 400K, and we believe a conservative new value is 450K. Would 360K, or 80% of the new value, be the “cash out”? We follow someone on Instagram who seems to give this simplified equation.
Ana Vhan
What would 1031 exchange look like in our scenario
We have an investement property, which we plan to sell and buy propertie/s in 1031 exchange. Have questions around those. Please help. Let's say we we bought the proporty for $600K, sell the property for $1M , say a m...
Carl Hoffmann
Newbie putting together first deal.
Investment Info:
Single-family residence buy & hold investment in Detroit.
Purchase price: $75,000
Cash invested: $75,000
I am working toward putting together my first deal(s). I am looking in De...
Carissa Holmes
Cash purchase and resulting CoC
Hi All! Does purchasing a rental property (SFR) with cash always result in a lower CoC ROI than getting a bank lone (at 4% interest)? I’m in the practicing analysis phase of my growth plan and every example I’ve done...
Peter Kozlowski
New investor business plan
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
Peter Kozlowski
New investor business plan
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...