I am currently working on my first BRRRR deal and recently received an estimate from a general contractor I plan to work with.For payment, he stated he needs approximately 25% of the overall estimate upfront as a down...
I am a bit stuck on how timelines work for the refinance portion of BRRR. I understand that I close on my property (Dec), renovate it (January) and then refinance it to pull out my money.How long does it take you to h...
Good afternoon BP,I am looking for my first deal to flip and I was hoping to get some clarity around the early stages. If you’re acquiring a property from a wholesaler, do you typically have a contractor ready to go w...
Hello, I am hoping someone will know the answer to my question. A little background: I have been seeking to invest in pre foreclosures. I am part time, so I can only put so much time into my marketing. One method I am...
I closed on a what was essentially a wholesale deal on June 23 of this year. It was a residential property bought by my LLC for investment purposes. I owned the property for about 3 hours before I listed and sold it 3...
I'm in the process of evicting a tenant and am suspecting my property manager is giving me the run-around and dragging their feet. I hope I'm wrong, but the timeline seems suspicious...Everything I've read online has ...
How long do I have to wait to begin the refinance portion of the BRRRR method?
EXAMPLE:
Duplex is $390,000 purchase price ARV is $475K. Can I turn around immediately after cash purchase and have it appraised the n...
Hello Investors,
I'm currently working as GP in my First deal(MFH 10+). Identified Couple of Properties, seeking Guidance in terms of submitting LOI.
1. if I'm being GP do we put Business entity as Buyer?
2. wha...
Hi all, I’m hoping to gain some insight on the timeline for evictions in Fulton County. I live out of state (in Washington) but have a few rental properties in the Atlanta area that are managed by a property managemen...
Hi,I have a property that has been rehabbed and i wanted to refinance out. I talked to a lender who said in order for the property to be refinanced, it has to be 6 months since i originally bought it. In order to re...