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Good morning BP! I am looking for a lender that has experience with rehab and investor loans in or around the Richmond, Virginia area. I had been working with a loan officer from Towne Bank, but his response time is l...
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I found a 4plex in MPLS, MN that would cashflow $25-75.00 per month(depending on slight variations in the numbers I've ran(which I've ran 5 times)) with me living in one unit. I would house hack and use a VA loan to ...
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I am looking at investing in my first BRRRR. My question is on monthly cash flow. Here are the numbers:Purchase - $70KRehab - $50KARV - $180KCash out refinance - will get 100% of my investment back or pocket up to $1...
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Hi everyone, I've been a lurker on BP for a little while, I should introduce myself. I'm currently a corporate IT geek who had been exclusively chasing the corporate 'dream' for the last 15 years. I recall reading ...
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I'm trying to fully understand the value of brrrr while still being a newbie, what is the value or point of the refi part? How do you receive your money back in order to reinvest?
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I have had various feedback from praise to criticism on the model I use as I invest in real estate. I base a lot of my model on the opportunity I wish I had at the beginning of my real estate investing career and part...
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Hello BiggerPockets community,
I'm hoping somebody may be able to shine some light as to why my appraisals are coming in much lower than current market values. I have been buying fixer uppers, both single family and...
People often tell each other to “stay positive” in light of grim circumstances or hard times. This consistent positivity can feel forced when going through something truly terrifying, but it’s exactly what helped Jeff...
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Hello All,Per the title, I am looking for opinions here. I currently own one rental property with a bank mortgage that I purchased at 21 yo (just over 2 years ago). Here is the dilemma - after we purchased this home, ...
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Ok so I have a current deal that I know I can buy for $47,900. It appraised for $103,000 last year, it is a foreclosure property (divorce). So after looking at those numbers it seems like it is a great deal. However I...