Jason Vannoy
Your thoughts on this deal...owner financing
Hello,
I have an opportunity to buy a house one house down from a property I own. It is in a college town and generates 1000-1200 a month. I am currently in physician assistant school and graduate in July 2018. I cann...
James Wheelock
BRRR method
So I have been reading up on this whole BRRR method of investing, and hearing Brandon talk about it on podcasts. Say you do everything correctly and approach a refi. Do you at that point need to have a down payment to...
Julian Colvard
Which bank allows for multiple accounts?
Currently, I’m getting through “profit first“ for real estate investors (book). It’s giving the advice of setting up multiple accounts for different purposes, and my question is, what banks do you currently bank with ...
Alex Locklear
First house under contract
I now have my first "deal" under a 2 month option contract.
I have the home under contract at 212K; I'm marketing it to sell at 220K. Not really a wholesale but more like trying to find an end buyer willing to pay 22...
Obadiah Roszman
A Seasoning work-around?
My Situation:
I purchased a duplex with a business credit line and will be paying for the rehab costs from my business account. (Technically I contracted my company to do the work, a theme for another discussion.) W...
Tyler H.
How do I "capture" the equity in a purchase to use towards LTV?
For all you investors that pick up property below "market value"... Is there a way to PURCHASE an apartment and utilize that "equity" as part of my down payment?EASY EXAMPLE. REO Apartment that APPRAISES for 1MI acqui...
Paul Meiners
What do I do next for a beginner investor with one duplex under his belt?
I am a beginner investor looking to secure more properties, preferably by using the BRRRR method as I've read about, but have not experienced myself yet. My partner (not-legally married) and I own a duplex, which we l...
Thomas Gay
On House Contract #4 Now Dream House #1 is Relisted, Need Help!
Hello everyone,
My name is Tom, and I have been crawling the bigger pockets forums and podcasts for quite some time now. I've been learning getting ready for the real estate venture I am going to start with my brot...
Justin Griest
How to get my money back out of a duplex
I’m seeking some advice on a duplex I bought last year. I’m trying to figure out how to get some money back out. I paid 30k cash, put 6k into it. It’s now worth 50k. Both sides are currently rented for $400 a side. It...
Mike Finn
Cannot understand the Refinance portion of BRRR
Hey everyone! I’m very new to the BP community. I currently have two rental properties that net me positive cash flow. I am trying to figure out the next steps. I like the BRRR method but, despite reading a book on th...