Josh Legg
First (and Second) 'Buy and Hold' Deal Done in 6 months!
Today we re-financed our second property within 6 months of investing in our first real estate deal! Here's a whirlwind summary of first foray into the BRRRR strategy:We found a distressed foreclosure on MLS in a pop...
Alex Chennault
HELOC soon after purchase with FHA 203k loan - is it possible?
I'm considering making a fixer upper home purchase using an FHA 203k loan type to leverage a 3.5% downpayment. The rough details are:
• Purchase price: $320,000• Close date: 5/30/22• Est. reno costs: $105,000• Reno c...
S Taylor
SDIRA question regarding Renter wants to Purchase SDIRA Rental Property
Good Afternoon,Questions, 1. if you have a self directed IRA and it has been rented to the same person for 10 years, and now the person wants to buy it, can you give them credit for some of the rent paid over the yea...
Nikki Nicole
Does anyone have information about heloc lenders ?
Hey I was wondering, who I should go through to get a heloc. Principal only, first.. I’m having a hard time. I see principal and interest only payments right now.
Grace T.
Building income property on existing SFR
Because home prices are so high in California, one strategy I'm considering is building on my existing SFR and essentially turn the property into a multi-family. The lot on my home is large and has room to build a "ba...
Scott Isbister
Seasoning of Rent on BRRRR in Canada
For investors in Canada that do BRRRR, does your bank require seasoning of rent (min. 6-12 months) prior to refinance? Please give name of financial institution, details and the % will refinance up to based on apprais...
Brian Lloyd Trieu-Mallari
First Investment - MTR in Springfield, Illinois?
Hi everyone. I'm looking into getting my first investment property and considering buying a home in Springfield, IL and turning it into a MTR. The reason for this is because Springfield looks to be a low-cost entry po...
Amaf J.
Closing cost - Too much?
Evening everyone,This is just a quick question for all of you regarding closing costs. I was pre-qualified for a loan and we started running the numbers to see how much everything would come out to total. Let me know ...
Timothy Leach
Wholesaling in New Hampshire!
Hi everyone!! My girlfriend and I are starting to get into long term and short-term rentals and plan on using those strategies to build wealth. We don't have a ton of money to start off and I know it's totally possibl...
Jacob Eddy
BRRRR Strategy vs. Buying a Home 70% Off without Major Rehab
What is the difference in using the BRRRR Strategy vs. getting a deal on a home 70% off? The major difference I can tell is that it sounds like you have to purchase BRRRR properties with all cash, then refinance once...