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I am trying to better understand making offers and its relation the BRRRR strategy.For example, if a property is listed for $150,000 with an ARV of $180,000, and will require $20,000 in rehab, according to BRRRR I cou...
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My husband and I acquired a rental property in 2023 with hard money with the intention of rehabbing the home and renting out the 3 units, refinancing and paying back this short term loan.
Unfortunately the ARV we ...
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I would like to refinance my home and get a HELOC with the equity. I've gotten the numbers on one offer, and would like to explore others.
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Hello, I have a question on the BRRRR. I was looking into using the BRRRR strategy. I spoke to the lender I used for the previous deal and she told me that you have to wait 6 months before refinancing and can only get...
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I own one property free and clear. Thinking of refinancing and using the cash to purchase other properties. Want to contribute the property to an LLC after taking the cash out. Once the property is in an LLC, I wil...
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Hello all,I'm brand new to BP but have gotten so much already out of the short time I've been a member. I am inspired by the so much support members give to one another. My investment partner and I are in process of p...
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Hi guys! Hope someone can help me with this situation. We have a flip that has been on the market for 153 days and it will not sell. Our business partners who can refinance the home won’t do it. We recently had an off...
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What is the best way to use home equity in your home to start a rental property investment. I’m wanting to buy my first investment property. I’ve got about $90,000 in home equity and would like to begin buying rental ...
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Hello, I am considering purchasing a property with a rehab bridge loan and then refinancing with a DSCR loan. However, I am having trouble finding a place to get a good ARV for this DSCR loan. I would think that I hav...
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Hey,I'm pretty new to real estate investing (hoping to buy my first property by the end of the year). The part that still confuses me a little is the loan process. Does somebody mind helping me understand the process...