Rommel R.
HELOC & then Cash Out Refi???
I’ve been saving cash to start my BRRRR project my Family wants a pool built. Our primary home had accumulated at least $50k of equity in 9 month (From $248k to $307k). My question is, if I tap into my equity through ...
Shawn McCarty
IM BACK! - Thinking Buy & Hold - Dundalk!
Hello Everyone,Took some time away from focusing on becoming a real estate investor to get some things straightened out in my person life... I am BACK! smarter and more determined than ever! So I am thinking about pic...
Eva Karnaukh
No more HELOC on investment properties??
Hello BP experts!
I have one of my investment property with a substantial equity in it... I was not planning to do anything with it, but recently decided that maybe I could put it to work through HELOC. To my biggest...
Ignacio Linares
BRRRR refinancing question
Hello BP! I need some clarification. So let's say I get prequalified from a bank for 100k for example. So I buy a property and use the BRRRR strategy,I'm all in for 80k and the ARV comes out to 130k. When it comes to ...
Alyssa Lake
What kind of terms would you expect for this kind of deal?
5.25mil-ish48 units83% occupancy for 2024. Rents are well below market value currently. I am new to this multifamily/commercial side of things. I was offered LTV of 54%, 6% rate from a commercial lending institution b...
William Barr
BRRRR Lenders without Seasoning Period
Hello!I am looking for a lender to use for BRRRR deals that will allow me to refinance without a "seasoning period" on the original mortgage. I know that the typical time period to refinance is 6-12 months, but I've h...
Chris Seveney
Spotting an investment that will not end well
Here is an email I received this AM. Here are some things that should jump out like a sore thumb:1. Targeting 50% IRR. This should be a 100% pass and do not even read further.2. Tout its a proven model - how many prov...
Kenneth Garrett
Other People Money (OPM)
When it comes to funding projects, I use Private Funding. It took a lot of networking and proving that I know what I am talking about. I went to a lot of education programs, meetups and REIA meetings. I did not find ...
John Huegel
Lending options for fix and flip after purchasing property in cash
Hello. I am looking for advice on financing of a fix and flip where the property is purchased in cash but I need money for renovations. Long story short, I won a sheriff sale auction back in February which is finally ...
Ross Dolbec
Is it wise to BRRRR my primary residence?
I recently took the first step and bought my first property in Seattle Wa. Have been listening to the BPP and continue to hear about the BRRRR method and velocity of money. I purchased it with 10% down, bought out PMI...