Brady Speers
Wholesaler Trying to Find Good Areas
I am new to the business and wanted to ask some of you seasoned pros how you suggest I go about determining which areas to send direct mail to. How do I know which areas are to avoid and which areas to focus on? I am ...
Darius Kellar
My Reaction To Bigger Pockets Episode #839 - Darius Buying 2,500 Properties
I do want to clear up that buying a property because it is cheap is not necessarily a great reason. What I ultimately learned from buying cheap properties nearly a decade and using the BRRRR strategy; is that I needed...
Tony Nguyen
200k - 400k for investment
Hi all,I’m doing a 1031 exchange to Atlanta, Georgia area and will have $200k to purchase my next property. I can raise another $200k if needed. I’m looking for an investment worth $800k - $1.6M. Looking for someth...
Carl Washington
financing
I have a wholesaing question? I have a seller owes $123,480k mortage fha at 5.5% 30 yr fix and the comps says its worth $140,000-$145,000 and the seller is willing to take $91,000 cash and I assign the contract to ...
Tomas Colon
looking to cash out refi in nj
Hello, I have a condo in Union City NJ that is owner financed and I'm looking to pull some cash out to reinvest on new investment . I love the BRRRR strategy would love to do it over and over , Thank you in advance
Account Closed
Louisville / Southern Indiana area - buying in cash and refinance
Does anybody here have experience buying in cash, then refinancing in Louisville / Southern Indiana?I'm going to start buying in cash (probably at the beginning of 2017) for my flips (instead of paying 20% down, THEN ...
Jesse Richardson
Refinance & pull cash out to buy?
Hey BP,
I have two properties paid off in NJ. I'd like to keep buying in this particular market, because I have a great deal going with my agent and they cash flow well.
My question is, do I keep them paid off, and ...
Samir Solanki
Cash out refi vs. 5/1 ARM
Hello, everyone. Working on the final step of just BRRR strategy and working on a cash out refinance. I have a couple of options I need help with.
Background:
6 months ago I purchased a triplex for 200K, spen...
Michael Claus
To buy cash or not buy cash
There is a deal with cash only due to a high rent ratio. The listing is currently at 110K. If I offered 100K, I think I could generate a cash flow of aprox 14k/year. I am also using cash from another deal that I am...
Nick Weidner
50% Rule / 1% - 2% Rule
Disclaimer... New Investor, purchased my first duplex this past Sept. Now to my question:I understand the 50% rule and the 1% / 2% rule, what amount to you apply the rule? For example if you purchase a property for...