Jason Malabute
BRRRR IN INDIANAPOLIS
Hey guys,
I need help. I'm trying to do my first BRRRR (2nd deal this year).
I have analyzing a lot of properties but I am having a hard time getting $200 cash flow per month AND at least 20% COC ROI.
Origin...
Wes Brand
How to cash out
A bit about what I'm looking for:I'm closing on a property soon with a cash offer. I have no immediate plans for the money I'm spending on the property, but I'd like to keep cash available so I can jump on any good de...
Manolo D.
REO and Foundation Issue Rehabs - Easy Selling?
Hey BP, although I can basically generalize that I could flip any property within 2-4 weeks, I am crippled by the unknown of selling. I have no experience in selling estates and the selling part prevents me from pulli...
Scott Hayes
Difficulty Finding Lender for Cash-out Refi during COVID-19
I am at the BRRRR stage in my current rental project. I also have a property that I want to refi and pull out equity.
A lender I have used before has no interest in cash-out right now due to portfolio risk of COVID-...
Dana Sample
Hard money loans + flipping
Hey guys! Hope you’re week is off to a great start! Today I have questions about HARD MONEY LOANS. How do they work, what kind of credit do you need to qualify, what paper work is needed, and anything else you guys ma...
Shane Freeman
Hattiesburg MS- looking for my first rental property
I have found a few MFH's that are within my budget, but I am a little hesitant to make the leap into the whole process of owning a rental property. I currently own a home and was planning on taking out a HELOC to help...
Kelvin J.
Problem with high Refinance costs
Hi allI am looking to refinance my first rental as part of the BRRRR strategy but having real difficulty finding cheap finance (see below for a typical option). Even with a 780 credit score and no debt (other than the...
Account Closed
How can I roll closing costs into a cash-out refi?
I have a BRRRR property with an ARV of $130k. I plan on taking advantage of the cash-out refinance (75% LTV) to recoup my purchase and rehab costs. I'd like to avoid coming out of pocket at closing for the closing cos...
Alex Silang
How to negotiate DSCR lenders down
I'm assuming you would need multiple bids on your business in order to get your biz?Are pretty much all DSCR lenders negotiable? They're not like big conventional banks after all (correct me if I'm mistaken).I found o...
Christine G.
Kitchen Renovations without Permits - Impact on future?
Hi All,I am new to this forum so sorry if i posted in the wrong section.I ran into an issue, and this is completely my fault, where i started a kitchen remodel without permits. I hired a GC to do the work and asked hi...