Shawn Collier
Can you BRRR a foreclosure buy?
Does anyone have experience in purchasing foreclosures or pre-foreclosures for below market value and then refinancing based on full value and taking some or all of the difference at closing as profit to invest in add...
Zach Henderson
Bank lending or Private money? 2-6 month gap needed b4 purchase
Hi everybody -
I have a rental property purchase lined up but need to borrow cash for a short period to change my eventual interest rate on the conventional mortgage. I'll be using the equity in the soon-to-be-purch...
Mario Morales
Investors, what is an acceptable repayment period & interest rate
I am looking for assistance in buying a multi-unit, basically half the downpayment, I see it as 3 year plan, in which I give you a fixed amount, monthly from the rental income until we refi, about 3 years and give you...
Ishviyan D.
Take advantage of Fannie loans vs. using banks with no seasoning
In terms of the BRRRR strategy, we know that Fannie / Freddie loans require a seasoning period of 6-12 months prior to doing a cash out refinance (4-10 loans max). This can certainly slow down the clip at which the in...
William Harris
I’m refinancing my primary residence, can I rent immediately?
Good evening,
I’m currently in the process of refinancing my home as primary residence in Maryland ( closing Is weeks away). My goal after closing is to immediately file taxes and file my home as a rental property. ...
Michael T Carrigan
securing first property funding
Hello Allfrom what I've read and heard is that I need to see what amount I qualify for before I find my first property so I can move quickly when I find it.I also heard/read to check between 3-5 different lenders to s...
Joseph Pond
Taking out a HELOC on a home after QuitClaim Deed?
My mom owns a home free and clear that is worth 169K, she is going to sign a quitclaim deed as me as the grantee, with her name also still on the deed until she passes away. Can I take out a HELOC to help with my real...
Marcos Carbi
Newby - Large Multi-Family Purchase Timeline
Hey guys, I'm currently analyzing a 14 unit apartment building but have never done a large multi-family deal. I was wondering what the timeline for such a deal looks like. E.g., when you see the property, when do you ...
Luis Bermudez
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.I am close to acquiring this property for $298. At that price I would actually spend a...
Kenny Smith
as we head into fall, don't forget about these...
as we head into fall, don't forget about these...When you buy a home, nobody gives you a "how to" manual. For the most part, most homeowners are uneducated of what needs to be done to maintain your home throughout th...