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Below is the thorough analysis of my recent BRRR deal. Let me know your thoughts:Buy:- It was an off-market property, and the asking price was $232,500- My hard-money lender said he'd finance 80% of the as-is property...
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I am curious what tactics your hard or private money lender uses to arrive at a value in which they are willing to loan.Do they use a 3rd party appraiser?Use 3rd party real estate agents for an opinion of value before...
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Hello Everyone, i've been looking at doing some flips next year and i hope i could get some tips to the strategy i want to work with.I have been searching and networking with some contractors, after some conversation ...
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Good evening guys and gals! Your favorite newbie here to ask another newbie question. It's the dark side I'm referring to. The ones name that shall not be mentioned. The Hard money lender... duh duh duhhhhh. Ok, enoug...
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HelloSo I have a small mixed used property and two of the units are occupied by a restaurant. One is a small building with the actual restaurant and the other is just for additional storage. There is a shed like roo...
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I'm looking for some feedback on my calculations, and for some insight from those that are working in the Seattle (or like) market right now.
We have a luxury town home we are currently living in that we would like ...
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I'm curious as to how much on average do you spend on a rehab; Not including holding costs and other fees, just the fixing and labor it self.
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Does an exact 1% rule property really work when your are financing the property? I can’t seem to make it cash flow when I add in cap ex, repairs, prop management and vacancies. Am I doing it wrong? All seem to just br...
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I've been researching REI hard core since November (it's become a full time job basically) and I've put together a very early draft of my business plan. I would love people's thoughts on the feasibility of my plan or ...
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I live in Greenville, SC and work as a real estate agent. I live in a neighborhood that has boomed in the last 5 years. There is a 2 bed 1 bath home on my street that should be listed at minimum $215k. Its being so...