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...
I've recently become incorporated and believe I'm ready to start marketing and searching for deals, but I don't have any relevant funding. What are some cheaper yet effective marketing methods I can start out with?
Regarding the BRRRR method, let's say you acquire a property below market price. You do a little rehabbing and raise rents after the lease is up. You do a cash back refinance on the new appraised value? Pay your priva...
Hi! Question for the experienced folks.
I’ve run into a slight problem. I thought I could utilize a HELOC on my investment property but DTI is high. I have a bridge/rehab loan. I thought I could use the HELOC but I ...
Good Morning MN BP Community;I will be closing on my first property in a couple of weeks and I was wondering if you could share some advice about rent collection. I am hesitant about accepting checks and would rather ...
Hi BP, I recently watched another one of the BP webinars hosted by Brandon Turner. I'm a little confused on how the BRRRR uses "short term" and "long term" moneyMy understanding is that you can use short term money fr...
Hello All! Starting out the investment journey, after some research it appears the typical approach to the BRRR method is to use cash or some form of hard money to purchase the property and kick off the BRRRR process....
Hello BP community.....I'm looking for guidance and recommendation for best practice in how to account for property equity and principle payments. Currently for tax purposes, I track all mortgage interest etc, however...
What are the different ways tenants can pay rent?
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $240,000
Cash invested: $50,000
Bundled this property with other duplex. BRRR Deal all the way.