Hi, I’m a new investor trying to start brrr’ing my first property. Problem is, I don’t have it yet; my parents do. They bought a house and fixed it up but decided renting isn’t for them. I told them I would buy it fro...
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Ok, I'm going to use numbers that should be close.Let's say I have $50K after selling a local rental house that I have. I have various options.1) One lender says best bang for my buck is to buy a distressed house, say...
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How do you decide what property to purchase? There are two properties for sale. One is fully rented and will cash flow around $300 per month. The other property is not currently rented but can be purchased with 10...
VA appraisal came back about seven percent low. This cuts the profits down by one third. And this is not some two week flip where I called the contractor to come do the work while I sipped Starbucks. This is mostly...
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Investment Info:
Single-family residence hard money loan investment in Santa Cruz.
Purchase price: $960,000
Cash invested: $882,000
Hard Money Loan on a rental property. Our borrower had "deal equity...
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Hi All, I am currently located in the Atlanta area. I have been looking for my first deal for months and finally found one that seemed great. The house had been flipped, was on a quiet street, had a huge yard with a f...
****looking for first property to use as STR. Got notified of an off market property already functioning as a STR... what questions to ask? Good or bad deal to purchase an already functioning STR?
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I'm curious if BRRRR ("fix & rent") works in the Kansas City 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 re...
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So we just finished our first flip! It's been so much hard work because we've done all of the labor ourselves. 15 weeks of working 6 days a week, 8 hours a day, neglecting home responsibilities, blood, sweat, and tear...
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My partner owns a rental home with the mortgage in his name. I am going to pay him cash and will subsequently own 50% of the home. Will a lender allow my name to be added to the title without messing up the existing m...