Im a newbie to investing as well to the Brrr method but here's the situation.
I bought my condo for 225,000 with 3% down 3 years ago.
I owe 199,000 to a mortgage @ 3.5% for 30 years.
Property Assessment @ 335,00...
I recently had a request to apply for a unit come in that said "I am apart of the St. Vincent de Paul challenge program and are looking for housing that's willing to work with the program. All expenses will be paid on...
I have heard that multi family properties can be appraised on their performance rather than comps in the area is this true? I recently purchased a duplex for 105,000 and I have done small cosmetic repairs to it. I hav...
What is the best way to seek out and find opportunities to become a silent partner in a privately owned business? I'm looking for the perfect situation to just dump a chunk of capital into a business and let my money ...
Hey guys, so im currently reading Set For Life and am wanting to implement phase 1 where you save 50% of your income or $25k over the year. How is that going for anyone working on this as well? what are the struggles...
Hey All!I know your time is valuable so I’ll cut to the chase. I’m investing locally in northern NJ so homes are very expensive, but it’s a market I’m most familiar with. In September I bought a 4bed 2bath multi-famil...
If one were to purchase a rental property as an individual, what is the typical process for then moving ownership of it to an LLC? Seems like that might be an issue for the bank that holds the mortgage since they woul...
Hi all!!I have a 4-plex I am currently trying to get occupied in Columbus, OH in the Short North area. I was approached by someone who wanted to lease it from me to put on Airbnb. The rent discussed is above market by...
Hey friends, I'm new to RI space and wanted to say hello. I've done A LOT of reading so now I have the knowledge with zero experience - I'm here because of a) the eductation and b) I'm looking to connect with any cur...
Hi there, I am wanting to do a brrrr deal and i am seeing some people on here saying that you cannot use a conventional loan and a private loan at the same time. I thought that is how the brrrr strategy worked? My und...