Hi all, New investor here with some questions on the refinance portion of the BRRRR strategy. Most banks that carry Fannie/Freddie loans have a seasoning period of 6 months which is a long when you have carrying costs...
Ok, I got my first counter offer. I was able to get $35k off of the asking price. $165k is what we ended up on. It's a group of 4 trailers built in 2017 sitting on .70 acres of land in a rural part of GA. 1bed/1bath s...
So far we have used a portfolio based HELOC to fund our acquisitions and rehabs. This has limited us to typically 1 BRRRR deal, 1 Fix and Flip deal per year, or 1 note deal.
With this model I'm limited to the equity...
How would I, or should I, structure a deal to involve no money down? I am the buyer in this situation.
Example:
ARV = 130k
Rehab needed = 15k
Purchase price = 80k
Current/As-is value = 96k
The seller has said ...
I was going through a few case studies today and came across a strategy I have never heard before. Strategically it sounded great and theory and this was an authentic case study(personal success stories no guru BS).
...
I have a rental that needs 12k of work to finish it. right now it should appraise 60-65k, when completed it will be 95k i'm in process of placing this home into a newly created LLC I own the home free and clear. is th...
I am wondering how I can invest in bigger deals like commercial multifamily homes and not use my own money. Do I use a commercial loan, and then the down payment come from a private lender, hard money lender and then ...
Oregon has been a fun state to invest. Lots of prime real estate and interesting/unique properties and opportunities and plenty of sellers with a low capital base, willing to owner finance on homes and land. I've purc...
Where would I find Private or Hard lenders in my area? Trying to buy a house to live in, and do repairs. Thanks
Hello All, We are working our way towards a deal that will consist of 9 properties and 16 units with a value of about 1.25M. The owner is open to doing some form of Seller Financing on this deal. As I have been diggin...