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I'm sure there is a creative workaround but the trouble I am finding with BRRRR model is the Refinancing part!! More specifically, I can't seem to refinance due to my Debt to Income ratio due in large part to BRRRR!!...
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Hi everyone just wondering the opinions on the best companies out there for DSCR loans? Trying to buy a 3 family that needs some TLC maybe do a BRRR. I have talked to so many lenders around the same like 7% with 1-2 p...
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I recently acquired a building and there is one unit which is disgusting, smelly, and dirty. There have been multiple complaints of the smell by the other tenants. The smell equals that of underwear that has been worn...
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Lessons Learned from Real Estate Market Frenzy
This is an observation of real estate market frenzies and lessons learned from the viewpoint of a third generation real estate investor, developer, property manager, and...
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What’s everyone take on the BRRRRR method? I think it’s a fantastic idea but I’m beginning to hear more and more investors against it. Shouldn’t be leaving money in your property. 75% LTV or even 80% isn’t enough. Los...
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I've been on BiggerPockets for about 2 years now , I've been kind of lost on what to do , I originally wasn't sure if I wanted to house hack in my expensive market of New York City , or invest in upstate NY or out of ...
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I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...
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I'm new to this kind of real estate, was trying to do some research but still not able to get the difference. Like, after Targeted hold period - what happens? You get money back? Or if you want to get your money back ...
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I am 19 and live in Alberta Canada, as my first real estate investment I am going to do a duplex for around $500k with 5% down Owner Occupied loan (Essentially I'm mixing house hacking with BRRRR). I then will do abou...
Hi everyone,
Thank you in advance to all the help and advice you provide on this great forum.
I am looking at a Shopping Center in Dallas that is for sale, possibly going under contract today but before...