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So I have lined up a home that I was originally going to flip but I think may be better for the BRRRR Method. Or at least I thought so.The homes ARV is roughly $250,000 but I can get it for $170,000. It needs $37,000 ...
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Hi, the last post I could find on this topic is from about 5 years ago, so here we go...We bought our first property on September, completed the rehab in October and our first tenant is moving in next Monday in a 12-m...
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my husband and i have completed the the 1st 3 of the B(uy). R(ehab). R(ent) and we are stuck at the R(efinance) part and we are looking for some extra help while we continue to search and read about refinancing a prop...
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Hey BP,I am embarrassed to say this but I still can’t grasp how the whole refinance step works within the BRRRR method.So from my understanding is say I purchase a single family home for $100,000. My mortgage will be ...
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Chris Yeakel here - I’m in the beginning stages of real estate investing and targeting multi-family commercial with my wife (currently a property manager) and my dad (commercial real estate investor/manager).
I’m se...
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Hello all,When doing the BRRRR method with hard money lenders as financing, I am aware that they typically require an LLC. How will the refinance process of BRRRR work in this scenario? I am aware of commercial/portfo...
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Hi to everyone, been absent for awhile, but still networking. I just wanted to say I am learning everyday. I have joined Pace Morby's creative financing mentorship and he has not let anybody down in that sphere! I ...
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Good day BP - how have most of you gone about legally protecting your assets from lawsuits and liabilities? My research lead me to trusts/LLC combos in Nevada as the “standard” way but before I plunge in I would like...
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If funds were a nonissue, what would be the ideal way of acquiring a property? It seems to me that purchasing at auction could be the best chance on a great deal.
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What term are you getting on a BRRRR property when you refinance to pull money out?If it's under an LLC. I was told to unclaim the deed back to my name before getting a mortgage. Then put it back to LLC.....what??