George Gipson III
Brrrr Strategy Confused at Refinance part
Ok I am purchasing a dulpex for $60,000 it was listed for $75000 and rents for $600 each side. So do I need private lender or a conventional lender like credit union for my initial purchase of $60,000. With a regular ...
Amit Chawla
Shortest BRRRR Seasoning Period
HI BP,
Im sure this has been covered already but I am looking for some lenders in Ohio who would be willing to do a shorter seasoning period than 6 months on a BRRRR. The property in question is a 12 (possibly 13) u...
Bill Purifoy
Refinancing
Hello BP,I'm sort of new to investing and recently purchased my first property. I own the property free and clear (no mortgage). I'm currently renting it out at $750 per month and would like to refinance and take some...
Carlos Webel
Cash Purchase with immediate 100% refinance based on ARV
Dear all,I’m trying to make a model workout to maximize the quantity and the speed at which I can acquire rental properties in Texas. A typical deal would be structured the following way:- Purchase Price: 90k$- Rehab:...
Daniel Voros
Vermont STR investors
Hello,I am currently searching for a STR in Vermont (mostly around the ski resort). I just moved to Boston and I am not an expert of the area so I would like to connect to local STR owners or property managers. Also, ...
Michael Plaks
IRS tax season starts on February 12th
The IRS announced that they will open the 2021 filing season on February 12th.You can file your tax returns on TurboTax or via one of the many tax preparation services as early as today, however it will NOT be transmi...
Connor Macon
BRRR refi after living in property for one year?
Interested if anyone has a view on how a conventional lender would view the following scenario:A family member is looking to purchase a long term investment property where I would live for a year while my own primary ...
Jackson Halverson
Cash Out Refinance - BRRRR
Hello, I am new to real estate with a quick question upon the BRRRR method and the cash out refinance. If I buy the run down property out right with straight cash do I still have to wait the 12 month hold of ownership...
Roger Segura
Cashout Refi on month old purchases?
Hi,
Does anyone happen to have any lenders that can do a no seasoning cashout refi at 75% or more LTV using current appraised value? I have two properties in IA that I acquired approx.. 1 month ago.
Thanks!
Collin Henderson
BRRRR - Refinance Prior to Renting?
Hello All!I am considering as a first time buyer to utilize the BRRRR method on my personal home, while also using a 203K loan to finance and rehab the property. My goal is to obtain a property requiring rehab while l...