I have a duplex that I purchased with 100k Personal lines of credit (great rates) BRRRR method. All my money is tied up. Now, If i season 6mos, at 75% refi and reasonable closing cost with a traditional loan, I will...
Hi Everyone,I'd appreciate some referrals of local banks offering less than 25% down for products involving BRRRR or renovation loans. Or perhaps many have tightened up their risk. Thanks in advance!
Investment Info:
Single-family residence other investment.
Purchase price: $165,000
Cash invested: $40,000
Sale price: $250,000
I did the BRRR Method on this property. I lived out of state for th...
I purchased my first single family home back in January and at that time I didn't know about the BRRRR method. I initially was intending to live in it for a year and sell it and purchase something bigger and continue ...
Hello everyone!
In the past couple years short-term rentals have exponentially grown. These short-term rentals come from platforms like Airbnb, Vrbo, and a number others. Do you think this is a good method for invest...
Is there any creative ways besides the traditional direct mail, signs, etc. to market for properties? Nothing wrong with the traditional way I am curious if any of you have anything else to try to catch the attent...
Can someone describe how the process of refinancing out of a rental property works? What criteria do you need to meet? Does it have to be done through a traditional bank or are there lenders who don't look at W2 incom...
Hello everyone, we have been experiencing some difficulties with multifamily seller finance deals. Our approach involves using traditional lending for a large portion of the down payment and incorporating a seller car...
I am super interested in the BRRRR strategy and just want some clarification on how to use a private lender. I would want to use a private lender to put 20% down on the house and 12 months later refi and pay the lende...
Hey BP,
I've been spending my time lately looking for my first deal. I've been doing this by finding properties on the MLS and using the BP calculator to analyze them. I'm looking for a $200 CF/month with 10% Cash on...