Hey everybody trying to refinance my first BRRRR deal, bought house for 45k put 10k in had it appraised for 105k renting for 1250 a month. Trying to refinance now with a 30yr fixed but every conventional loan is requi...
Curious if anyone out there as something bad to say about BRRRR or did not have success and has some experience on some pitfalls to look out for before starting? Thanks!
If you’re following my other posts, you’ll know my wife and I are expecting...Expecting keys on a property next month. We want to notify the other apartment owners/tenants in the building that we will be renovating. W...
I'm curious in hearing everyone's criteria when selecting buy and hold properties. Is it purely a mathematical equation? How do you know what neighborhoods are good? What do you look for specifically in the prop...
My section 8 tenant only has a chime account. What's the earliest way to collect rent?
I have been doing the brrrr method for a few years now with a partner,we are up to 5 properties now,I want to scale this up,faster turn arounds,etc.it takes 4 months from purchase to finished and rented out,I do all t...
For a cash-out refinance, do the banks approve it based on the properties value, cash flow, etc. to approve the refinance or do they also need to have the borrower's credentials like D-T-I, W-2, etc. Also if there is ...
Hey I’m a 22 year old and I’m looking to start planning out and invest in a multi family I had just had a question about the BRRR strategy that I might’ve missed. So houses where I live in mass are around 500000 to as...
MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
Good morning everyone,I am struggling to find a good way to let my tenant pay his rent. It's a single family house with a tenant who doesn't have a bank account, doesn't use smart phone nor computers. What are my opti...