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Greetings,
I was wondering what your typical insurance premiums were for the area you live in? In KC I'm looking at 1 percent of the purchase price. I read today the percent should be closer to .5 percent. ...
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Hi All,I'm getting ready to make an offer on a duplex with a VA loan. Thus far I have been outcompeted by cash and conventional loans.I'm debating waiving the inspection to make my VA offer more attractive. My thought...
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I have what I think will be a good deal in the making, but am having trouble finding a lender. Here's the deal. CA single family home appraised at around $300,000 seller willing to take $170,000 for it (just wants to ...
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First of all, my apologies for the lengthy post. I will try to make it brief. I need advice on how to deal with my contractor in order to legally protect myself going forward. So here's the story:On my first real BRRR...
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Hello all. I have question for some more experienced minds. To start off, I am not new to the game, my father was an experienced flipper and he figured out how to BRRR himself before YouTube was really a thing. He pas...
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Hi all,
Wondering which lenders are on the short list of buy and hold, 2-4 families? I’d turn to my local bank if I were buying in state but looking to purchase elsewhere.
Appreciated all the great insights coming...
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Greetings BPers!I own a duplex in Daytona Beach. I've had it for coming up on 4 years now. Literally the minute I bought it, I've been taken to the proverbial wood shed with this property. One thing after another aft...
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To preface, i wholeheartedly believe in having cash reserves for surprises. I'm just looking for opinions. That said... I'm sure there is some debate around this (like everything else), but i recently met with a loc...
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The main strategy behind BRRRR as I understand it is if done correctly you can recover your original investment with a refi and go do it again (repeat).
When you analyze a property do you include your reserve fund (f...
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Long time lurker, first time poster. Struggled with what part of the forum to place this in, please feel free to relocate.I've had a rental for a number of years, bought it in 09' as a primary residence and converted ...