I'm curious if BRRRR ("fix & rent") works in the Omaha metro area. Essentially, the ability to have your purchase price + rehab costs <70% of the ARV, so after you rehab you can find tenants & then refinanc...
I found a deal through a wholesaler for a 4-plex, but I wanted to use traditional financing to make it work. We kind of structured a deal where I would essentially hire him to put together a new contract with the sell...
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...
In seeking a DSCR cash-out loan, I've learned that lenders want to see bank statements. I had thought DSCR's were only property based, but lenders I've just begun to contact are saying I need to provide bank statement...
What fees come out of the profit from an all cash offer? I.E. closing cost, etc. Is there a general percentage people use or another formula for this question? We're talking specifically in the Omaha, NE area.
Hey BP, I was wondering has anyone found any slick ways to find cash buyers?
Hello,I just bought a duplex all cash. I'm currently financing it (considered a cash-out refi even though I don't already have a loan), but will want to cash-out refi again after I can fix it up, bump rents, and creat...
What is your take on maintaining strictly "cash reserves" to cover any repairs versus using a LOC and then paying it down? I ask because I am contemplating whether or not I should continue building cash reserves while...
Seems as if many lenders and banks are at a hault with doing cash out refi’s. Does anyone know when the hault will end?
I get a lot of questions about what turn-key actually is and what are the pros and cons to go with it? Well, what "turnkey" by meaning is this: built, supplied, or installed complete and ready to operateSo you will s...