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Hello, just starting out and had a question. There’s a home nearby which is about two being auctioned. Opening bid is $99,000. The estimated value given is about $180,000 (according to website).Two questions:How would...
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Most banks will not do conventional loans with an LLC. The majority will ask to do a commercial loan or the terms are not favorable.How do you best navigate yourself with rental properties using an LLC and a lender?Wo...
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Some info first. This isn't my first rodeo, I have bought and sold SFH via the traditional route: use my VA or pay 20% and get a home. So I do have cash to purchase this home, but my CFO (wife) has tossed a wrench ...
Is it a good idea to tap into your primary home equity and put down for an investment property? Positive cash flow of $400 a month. New to investing.Thanks.
I found the owner of a vacant property that I had been seeing, and let him know I was interested in buying his property. Come to find out, the three house right there next to each other are all his and he will sell a...
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Hello BiggerPockets community!
I am a Los Angeles realtor/investor looking for your opinions on my current investment.
I own a condominium in Los Angeles which has built equity of about $200k (including selling co...
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Hey guys,So I got a question which might sound dumb..Basically I am soon going to be able to finally purchase the apartment or flat I'm currently living in. I've saved up enough for a downpayment and since I live in a...
Hello everyone,I'm just starting out in real estate investing and I'm thinking about using the BRRRR method. But the one piece I'm still not sure about is the refi. One example I've seen is you buy a house for $70,000...
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so I'm trying to acquire my first brrrr deal and when I plug the numbers into the brrrr calculator it shows a negative cashflow on the refinance part and only a 6% ROI during the first loan.(hard money loan) im not su...
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I read an article here on BP saying that "delayed financing" is a key to making BRRRR deals work because they somehow allow you to bypass the typical 6-month seasoning period you must wait before doing the refi. The a...