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Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
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I hear so much about how important it is to have positive cash flow when analyzing a property to buy and hold. What I don't hear is how the deposit you put down on a property affects the cash flow (by directly affecti...
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Wholesaling real estate can be life changing. I know a lot of people who started from nothing and now make 6+ figures annually doing so, that pisses agents off lol. The things I see about wholesaling on BiggerPockets ...
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Hey Everyone!
I'm being a bit dramatic with my title here, but I do have a serious question if anyone is willing to provide some feedback.
I had recently asked a question in the forums about turnkey inv...
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Which option would you pick, and WHY?? Also, if you can think of Option C, you are a rock-star! :)So, condo is 2 BR, 2 BA in North Pacific Beach area in San Diego, CA. Great location, walkable to the beach. I bought w...
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I know private and HML do short term loans to have permanent financing put in place by a bank after rental is renovated/stablilized.
Do private or HML also provide permanent financing such as a 30 year mortga...
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Recently, I purchased a property in Rowlett, TX, with the intention of making it my primary residence. The house is a 3-bedroom, 2-bath property that I acquired for $210,000. My immediate plan is to use it as a house ...
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What financial resources have you found to be the best place to secure personal lines of credit in the amount of at least $100K or more? What were some of the conditions you had to meet?
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I just started reading the BRRRR book by David Greene. MIND BLOWN! Up to this point I had only considered the traditional way of borrowing money through a mortgage company.
I am a newbie and am looking to not only p...