Efficiency in a condo building across the street from major urban university. "motivated seller" in ad title
List: $120,000 (down from 150,000 a week ago)
Currently rented @ $1300
taxes: $157
condo fee: $387
Expens...
Hello all,I would like to use the BRRRR strategy on a property, but don't fully understand the details-any help is appreciated!1-Am I wrong in assuming you can buy a physically distressed property with only the down p...
Hey all,I’ve been having an extremely hard time finding a lender for my situation. I have 3 properties that are owned free and clear however the values are less than $75,000 each which most lenders will not do a portf...
Good morning! My husband and I bought a fixer upper duplex in 8/14 with a 5% down FHA 5/1ARM at 3.75% (we are living in one unit). We did a massive reno on it and should now have the 20% equity needed to refinance a...
I've been looking at tax liens in Baltimore, but don't quite understand the "HBP" - the "High Bid Premium". Here's a quote from the FAQ:"In Baltimore City the high-bid premium shall be 20% of the amount by which the ...
I am curious, if you use a self directed IRA in a BRRR strategy, when you refinance the house, can you take some of the proceeds out as cash; or, does it all have to stay in the IRA?
Hey guys/gals
I just had a quick question regarding the BRRRR strategy. How exactly does the cash out refi work?? If you say bought a house for 100k and put 50k rehab into it and cashed out at say 200k how do you figu...
I want to use equity to pay cash for a property out of state. I have about $160,000 in equity right now. I'd love to do a HELOC but hear it's only possible on a residence. What's the best way?
I have been trying to use the BiggerPockets rental property calculator and interpret the graph. This doesn't look like the best home to buy, but where I'm having a problem is interpretation of the graph. Green is i...
Hello BP Community,I’m going to lean on you for some more advice. I own a portfolio of rental properties with a significant amount of equity. I was able to buy them below market rates and build more equity by rehabbin...