I'm looking at a property right now that is multi family and has a significant value add potential. However, the current numbers show it's a dog.I'm fairly confident I can get the seller to let me manage it for a few...
I'm moving away from conventional loans and into commercial loans. I think I would like to get a DSCR loan for a couple of BRRRR deals, and wanted some recommendations about who and who not to try.One of the properti...
I'm looking to make my first investment (3 or 4 plex) and have gotten varying advice as to which method to finance it.Some have told me that a 5% conventional is the way to go on the first property as it will allow me...
Sorry this is a repost.We bid a renovation project to 3 GCs. I have only received 1 response so far. But the GC accidentally sent me a breakdown of his subs cost associated with the project with his mark up 45% pl...
I’m looking at a local SFH for sale. This would be my first rental property and first BRRRR.Asking price is currently $100,000. It’s been listed for sale for almost 4 months.3 bedroom 2 bathroom 1780 square feetFenced...
Hi,I use two techniques to financially evaluate notes:1. Through the RATE() function in Excel, without considering the costs relating to the note2. Through an Excel sheet that i built that takes into account servicer ...
Hi Everyone,
My name is Garrett and wanted to introduce myself to the bigger pockets community. Quick little introduction about myself; I am from Vermont and currently am working for the federal government and can ho...
Hi all!
I have a different question about a finance strategy that I'm unsure if it would be helpful to me or not. Here's the situation.
We bought our primary in June with 20% down. Previous to that we had been sav...
I am looking to buy and hold rental properties near me in Oklahoma but I’m having a hard time finding anyone who will cross collateralize the equity in my house and go 30 years on the final note. I have a couple banks...
I cant seem to figure out how to pull all of your money out of a cash purchase aka The BRRRR Method when the banks will only use the purchase price? They want 6-12 months of seasoning before they will you an appraisa...