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We are new real estate investor that just purchased our first property using the BRRRR strategy. We bought a solid property with cash and rehabbed it nicely. It is now rented and cash flowing. I’ve found a lot of use...
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Hi all-I’ve done quite a bit of reading and searching the forum - some posts came close to my scenario but not on the mark. For 3 years I have been JVing with a partner to buy Mortgage Notes (6 plus to 1ur holding) - ...
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We bought a 40 unit complex in 2012. This was the first purchase for our family. We have now added significantly to NOI for the property. Reinvested significant amounts of capital to clean up units/property/etc... I n...
is it better to pay off existing investment mortgages with excess income and then use that equity to fund future down payments on purchases, or conserve cash and pay off investment mortgages as scheduled? Current mor...
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Hello investors hopefully someone can help me with this. My question is when it comes to getting financed for a second property. If I have one property and it's producing a positive cash flow after mortgage and expen...
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Can someone please explain the BRRR strategy thoroughly. Fun fact, I will be using a hard money lender and the interest rate is 11%. Can someone please explain, so that I can make the right decisions when investing.
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After getting under contract with a property using only my personal savings for the DP., i still have this momentum and energy to acquire more properties (but with lack of capital). Understanding how to get creative w...
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Hi, I just retired and I would like to purchase rental properties to supplement my cash flow. I think I will not qualify for loan since I am unemployed. So is cash the only option? But cash is limited even after I...
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Investment Info:
Single-family residence private money loan investment.
Purchase price: $50,000
Cash invested: $48,000
Sale price: $125,000
This project was one of the early loans I made in my ca...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $119,000
Cash invested: $200,000
This is maybe a new Category: BRRRRSR Buy Renovate, Rent, Refinance, Repeat...