I have just begun to look into possibly loaning money on a flip, and I am a little surprised to learn that the going rate seems to be 10-13% and that it is annualized instead of by the flip. In other words, at 10% APR...
Hello Bigger Pockets folks
I am new to real estate and plan to invest in the market a year from now (when I am financially better on paper). I am currently working on my education and my finances. However, in the me...
I have a rental that was bought as my residence about twelve years ago. Cash flow neutral after expenses. Value about 165,000.00 Purchased at 130,000. Owe 90,000. Will be paid off in 15 years as it stands. Tryi...
Hello all! I have 13 units, mostly duplexes, and my goal is to increase by another 10 units in 2021. It appears the COVID pandemic has hit some landlords pretty hard, and I am no exception. With that in mind, and a...
Hi all! I've been wanting to get into real estate for a while, specifically multifamily rentals. I've been trying to do some research but keep feeling like I don't know what the next step is. I already have a partner ...
Hey all! Excited to be here.
So, it seems my concern about the BRRRR method is shared.
-When it comes to this strategy, what sort of requirements must one meet for the bank to consider refinancing the property? Wil...
Newbie here. I don't know where to start looking. In doing searches online I came across this "phenomenal" software offered by Kent Clothier that is supposed to give you ALL the info on vacant home in your area and in...
Hi All, I recently completed my live in flip with a combination of the BRRR method and currently house hacking the property. I want my next investment to be multi-family buildings, I don't have much desire to go the s...
As a newbie here, I'm trying to understand the BRRRR strategy more. If I buy a property using this strategy and it works out that I can get my investment back to repeat, I should be able to just keep going, right? I...
I am a homeowner looking to invest in real estate over the next 2-to 3 years. My home has appreciated about 160k from the high market but my problem is I have about 98K in Vehicle and consumer CC debt. If I sell the h...