I decided to post my own thread after a discussion in a similar forum. I am actively looking for a property to employ the BRRRR strategy.People with experience using this strategy, how to you go about it?1) Are you ta...
Looking to do my first deal and I partnered up with my Dad. He is bringing the capital for the down payment. I plan on managing the property and over time trying to update the property with my money. I’m curious to kn...
How does equity work when refinancing one deal with partners to buy the next deal. Does everyone keep the same equity amounts? Are percentages renegotiated for each deal? Were pulling out the cash from a deal that par...
I'm new real estate investing, more specifically, in the on-deck circle and I'm interested in using investors (family and friends, but I'm not looking for thoughts on those pitfalls) to get started in real estate inve...
Hello Everyone! I’ve been following the bigger pocket podcast for a couple of years now and I’m finally in a position to start investing in Michigan. I formed an LLC and got a bank pre-approval through a credit union....
I'm looking at a SFR for potential BRRR. I have the cash to buy it. My question is getting the cash out after renovations. How would the financing work for a loan?Thanks!
What better way to kick off my Biggerpockets experience than with a "Hello, my name is" post. My name is Eric Thompson and I'm just now kicking off my venture into REI. I come into this with ZERO background but a stro...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $459,700
Cash invested: $100,000
SFR. 4 BR. 3 bath. Garage. Landscaped.
What made you interested in inves...
I found a house that's worth 150k to 175k. The owner is willing to sell it for 122k. It needs about 5k in work. The market rent on it is about $1050. so at 127k, my mortgage would something like $911. That's barely c...
I am a newbie looking at making an out of state purchase to begin the path towards building a real estate portfolio. Los Angeles is cost prohibitive to where I can be cash flow positive. However, out of state has pr...