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Hello,Last month I completed the refinance step of the BRRRR strategy and cashed out all of my initial investment! YAY!! I'm ready to repeat and looking/analyzing deals every morning.Here is my question: If I buy a...
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I’ve started to practice analyzing deals one thing that I haven t been sure about assessing is when to sell or refinance a property? Obviously I know this can be a very personal decision but let’s say there is a comme...
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Investment Info:
Retail commercial investment investment.
Purchase price: $1,600,000
This property was purchased due to it's stable cash flow and motivated seller. The seller was having problems with hi...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $132,000
Cash invested: $27,000
Aug 2020, I purchased my first investment property, an early 1900's Triplex ...
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Hey BP,Please provide recommendations on how to find local Lenders,etc familiar with BRRRR strategy. Currently looking in Las Vegas. Thanks!
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I came across a duplex for sale in my area today that is not on the MLS. I decided to call the seller and it turns out that he also has a 4-plex and 16 unit building that he is planning on selling. After hearing the n...
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I recently purchased my first property intending to do the BRRRR strategy. I was recently informed by the lender that there is a 6 month waiting period before I'm able to refinance. They told me I needed to have the r...
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Hi BP! I am looking at purchasing this property as a primary residence. I would be living in the property for 6-12 months before turning it into a rental; I have made my lender aware of my long-term plans for the prop...
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From my research, 50/50 equity split seems common practice. However, how does that split factor in for the person who puts in 20% down payment? Does it makes sense to do 50/50 after figuring that 20% initial investmen...
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Investment Info:
Single-family residence buy & hold investment in New Braunfels.
Purchase price: $211,000
Cash invested: $45,000
This was the 3rd rental for our portfolio. I purchased this one wi...