Jennifer Katherine De Loughy
BRRRR - Refi Hurdles
Hey, everyone. I am hoping to get started in BRRRR this year. While I know what the acronym stands for and enough about hard money, I don't understand the refinancing area.
We have a mortgage specialist in my brokera...
Christina Venegas
how much does a cashbuyer normally wants to get on a wholesaling deal
i was wondering as a new wholesaler, how much does a cashbuyer want to make on a deal. How much do they earn in a good deal and how much do they earn in a deal that is not so good. i appreciate your responses
Dave Adell
Any lenders use gross business income to qualify for a home loan?
Do any lenders use gross income to give home loans? I found one that calculates net income by using 50% of gross income from my business. Looking to see if any other lenders do the same. Thanks
Account Closed
What is the average discount on foreclosure after 1 year vacancy
Anyone know what the usual discount is on a foreclosure that's been vacant for a year? I'm looking at one in Bakersfield right now, weeds 6ft tall, but the house (on the outside) is in decent shape. If this inside n...
Ricky Brown
Is a 1031 my next move?
I just wanted to get a general consensus on what my next move should be. I have a rental property (still financed as a primary residential) that is on the market for sale. From research, I see that 1031 is a way to de...
Eric Garcia
Help analyze this BRRRR deal please
We’re in the process of doing our first BRRRR deal with a HML. They are funding part of the purchase + rehab. Here are the numbers
Purchase Price: $85,000
LTV: 70%
Down Payment: $25,500 (30% down payment)
Rehab L...
Luis C.
Add a JADU Or Invest In other property
I recently bought a 3 bedroom and 1 bath home with about 1100 sq. ft. It also has an attached 1 car garage that is about 380 square feet. I am currently building and ADU in the back yard that will be about 900 sq. ft...
Francis Figueroa
NWROI - Brandon Turner's Equation
Does anyone remember when Brandon Turner used NWROI in his house hacking book? I am curious about how he comes up with the number. . . . the formula goes NWROI = (cash flow & rent savings + loan paydown + apprecia...
Josh Adamo
Deal Analysis- Advice Please!
Ok BP I have recently started a direct mailing campaign and have had a few calls. I am actually in the middle of trying to put a deal together now and need some experienced advice.
I am targeting probate and have a c...
Cliff Rosa
Whats the probablity of mulitple loans
Trying to get my feet wet. Credit score of 750, no debt. Whats the probability of getting 3-5 loans for 3-5 apartments within a years time? What im trying to do is have roughly 3-5 apartments with loans on all of them...