Dean OMalley
Patience (sometimes) pays off - avoiding a short-sale
Investment Info:
Single-family residence buy & hold investment in Surprise.
Purchase price: $282,000
Cash invested: $58,000
Sale price: $225,000
Rode the wave up and down through the financia...
Felicity Hunter
Fix & Flip San Diego
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $535,000
Cash invested: $90,000
Sale price: $750,000
This was a fix and flip that I found through my network an...
Max Cordova
$158,000 in Union City, NJ (Is it worth it?)
I am looking at a 2bd/2ba in Union City for $158k (1,078 sqft) =$147/sqft (two units)Other properties in the area are selling for 300k-400k, which average around 300+/ sqftIt is a foreclosure and is sold as-is by the ...
Kevin McCrossin
Seeking tips on managing first property (duplex)
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $230,000
Cash invested: $46,000
About to close on my first Duplex and very excited. Going to try to self man...
Erick Garske
Executing the BRRR Stragegy
I a executing the buy, rehab, rent and repeat strategy. That said, now that I had purchased a property with all cash, rehabbed the property I am ready to refinance and use the cash out proceeds to purchase another pro...
Danny Webber
Housing Affordability in Austin TX
A quick glance at housing affordability in AustinMedian Household Income App (Forbes): $73,493 ($6,124/mos)Cost of Living (Forbes): 15% above nat'l avgMedian Home Cost (SFR-ABOR Stats): $302,250Assume 5% Down Payment ...
Spencer Lindquester
Using a heloc to invest
My fiancé and I want to buy our first rental property here in Texas. We want to BRRRR a property and are thinking about using a HELOC on our home which we own free and clear. Any tips on getting approved for the HELOC...
Valentine Antony
Hard Money Limits @ $100,000 due to Covid-19
Hi BP folks,
Just wondering if others are getting feedback from HM lenders you work with that are tightening up on their funding criteria. I target properties under $100,000 as a buy and hold investor. I have not rea...
William W.
Selling Primary Residence to Entity Owned by Me (LLC etc)
Hello. First post here but I've been incredibly impressed by the level of knowledge and sophistication of the community. I've seen this question asked before but I haven't seen an answer that address my specific co...
Ben Sears
Refinance To Regain Downpayment Cash (with numbers)
I've posted about this before somewhere but can't find it at the moment. I have a SFR rental property that I purchased prior to becoming a BRRRR aficionado. I'm at the point now where I need to refinance the property ...