Brendon K.
What kind of loan is used in BRRRR for cash offers?
David brings up an interesting point in his BRRRR book. He prefers to buy properties with cash straight up so he doesn't have a beginning mortgage. He mentions numerous advantages of paying with cash.When you pay for ...
Jeremy Holleb
Financing eligibility question
Hello everyone. I’m in a bit of a weird situation and wanted to ask for advice. So I recently got laid off from a startup company. The timing was very inconvenient because I was ready to start approaching lenders for ...
Max Briggs
Optimal Time to Sell?
I have been running some financial analysis on some buy and hold scenarios for various properties and I noticed something that seemed strange to me. Lets say that I have a property that returns 15% cash on cash and I...
Bruce Jones
Live-in Flip - Virginia Beach, VA
Investment Info:
Townhouse fix & flip investment.
Purchase price: $270,000
Cash invested: $30,000
Sale price: $465,000
Lived there for 5 years while renting the first floor for $800 a mont...
Greg Myrtil
Investment Financing Needed
I am trying to get financing to purchase a property in Miami Florida. This will be my second investment property. I have enough money to put 25% down as a deposit. However, I cannot show steady income at the moment d...
Gopichand N.
How to calculate discount when paying in full cash ?
How do you negotiate when paying full cash for a $400k SFH ?any thumb rule(s) on how much to bargain for ?
Alan Mills
Cash Out Refi in Colorado. 6-months on Title?
Working my first BRRRR in Colorado. The property was purchased using cash from a HELOC. I’ll be looking to cash out refi after rehab is done, but I’m having difficulties finding reputable lenders with competitive rate...
Dan G
REO Offer
Hello,
I am new to investing in REOs and need advice on my first REO. I found an REO listed at $73,900. 2008 County Appraisal is at $134,000 and after some research found that it sold for $127,500 1.5 years ago. We...
Brant Richardson
Can I get more loans if some are Freddie and some are Fannie
A friend of mine said that I may be able to do a cash out refinance with more than four loans or get more than 10 loans if some are with Freddie and others are with Fannie? I have not heard of this before so I tho...
Jason Jones
Looking for Advice
Hello,
I am looking for a bit of advice as I prepare to buy my first investment property within the next 6-12 months. I have been looking for properties in Kansas (Wichita and Kansas City) because they seemed to be p...