Muhamadou Kaba
Refinancing out of Bridge Loan
I have a duplex in northern Detroit, Michigan (near Wayne State) that was recently rehabbed and is fully occupied. Tenants are great and on time with rent payments. I have a bridge loan that is set to mature soon and ...
Zachary Engen
Using heloc for brrr and renovations
Ive read a few things about onlying being able to cash out refinance 75% or the purchase +closing costs, whichever is lower. I plan to purchase a distressed property amd do the renovations with my heloc. Once I'm fini...
Ryan Moore
Should I get pre-qualified now or later?
I'm having a helluva time trying to get a few of the lenders that I have spoken to tell me how much exactly I can look to borrow for a conventional loan on a new residential multifamily purchase. All I want to know i...
David Schulwitz
BRRRR Calculator/Analysis Rookie Questions
Hey BPers, I'm increasing my BRRRR deal analysis as prospective deals come across my desk and I'm trying to sort of streamline/systemize things to analyze deals faster. Trying to take Brandon Turner's advice by analy...
Carrie Alluri
My First Flip (2017)
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $96,000
Cash invested: $45,000
Sale price: $175,000
This was my first flip without the help of my family (mostl...
David Frantz
Help needed: investor friendly drywaller a in Cincinnati
I recently joined the REI community and purchased my first investment property a month ago. It needs to be completely gutted. Most of my pre-purchase estimates were close thanks to J Scott's book on estimating rehab...
Ibrahim Hughes
How Do You Partners Run Your Business?
I tell you a GREAT idea for a course imo would be one on how to build and efficiently run a business. I guess there are some books out there (any recommendations?) but I wouldn't mind plunking down some $$$ for a cour...
Taylor Robertson
Found off market deal with working with realtor. How to proceed?
I've been working with an agent for a couple months now in hopes of finding my second deal. He was previously my teacher in high school, so I've had a relationship with him and I've signed a buyer's agreement with him...
Vinh Nguyen
Clarification on the 1% rule, please
Hi!Regarding the 1% rule, does it apply to the price the property was purchased alone or the price of the house plus repair cost? I would assume it applies to only the cost of the house. Just looking for confirmation....
Joe Be
How to buy Probate properties?
Hey guys im still new at this and i was wondering whats the best way to buy a probate property if i have little money? And what are things i should worry about? Thanks guys .