I needed to do a cash out refi in order to consolidate my second loan into my primary loan. If the rates were to drop significantly in the next 6 months as I believe they will, I plan to do a rate n term refi in the ...
Just finished up a new construction BRRR and wanted to share with the community. The numbers breakdown is at the end.
Purchase Price : I bought a lot the $20,000
How did you find deal / negotiate: Driving to check ...
We bought an REO townhouse in Nov 2011 for $91k (bank was only accepting cash deals), rehab costs $25k. The property is now conservatively worth $170k. Our original intent of this purchase was to live in the tow...
Hello everyone.
I picked up a small condo in the Bradenton FL area off a wholesaler and recently rehabbed it. Everything is done and I am considering using a DSCR loan to pull a cash out refi. I've typically only had...
Hi all,So I just got done refinancing a SFH after a successful BRRRR. Its about $250 cash flow with a 7% cash on cash return. Not a home run but a solid blooper for now in the market I'm working with. Anyway, I was...
As the title says, I'm hoping to get some feedback on possible factors I may be overlooking. The property is 45 minutes from where I live in a town that is growing and am very familiar with so I plan on doing most of ...
I’ll be looking to refi cash out my current primary home, use it as a rental. I want to take that money for a DP on a new primary. This will be my first investment property. Would a lender be willing to work with some...
I have 3 SFH's and 2 townhouses as buy and hold rentals. Paid off primary house. Have a property manager. Current plan: working W-2 job around 140-160k/year. Maxing out retirement accounts, ira, adding to taxable acco...
Hello everyone, I'm a new investor based out of Puyallup WA. I would like to see if I can get some advice on a BRRRR deal I will be closing on soon. Here are the numbers:
Purchase price: $350k
Rehab cost (2009 buil...
Hi everyone,I am new to the forum but have been listening to Bigger Pockets podcast for sometime now. I am currently at a crossroads for selling or renting a single family home I own in Virginia. The house is 5 years ...