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Hello, I am new to BP and thought I'd share my plan for some feedback. I currently have three rental properties and am in contract to purchase a fourth. The first two are roughly 130k value and have owner occupied mor...
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Wholesaling to retail buyers
Scenario #1
This is a scenario that I read in a book recently. You are a wholesaler that has found a property that is worth $100,000. You have the seller under contract for $45,000 and ...
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Trying the REI method of buying, rehabbing, refinance, rent and repeat (BRRRR). Have it all figured out but the REFINANCE portion. After several references to try so-and-so, I am not having any luck in the Milwaukee...
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I have bought and flipped for quite sometime but now I want to change my strategy to purchasing and holding properties. Guess my first question is how is this possible. Most lenders now want 20 % percent down per purc...
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Im on the verge of purchasing my first investment property here in Los Angeles, and I will be applying for an FHA loan, rehab the house (mostly cosmetically) and maybe add an ADU if possible, and live there until i re...
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Hello REI friends! Currently i am remodeling my investing propery to hold and rent, I am planing to start with BRRRR method. I own the property 100% (paid cash) over the property ill be looking for home equity loan t...
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Buy, Rehab, Rent, Refinance, & Repeat. ( BRRRR ) 1.Finances’ (CASH)The reason for doing this is the ability to be able to use the same funds, repeatedly. After each Refinance period, you will be able to get your ...
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Hello, I am very new to all of this and I would really appreciate any help I can take from anyone. I have recently become very interested in real estate/ buying properties & renting them out. That is my goal/dream...
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Hey BiggerPockets community!
I'm thrilled to share a remarkable success story from one of my valued clients who recently embarked on their real estate journey using the BRRRR strategy. 🚀
Meet Elliot, a new investor ...
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The only way I can produce buying power is use a heloc. Can I use a heloc to purchase a property? Then obtain a mortgage to pay off the heloc? Then in essence repeat this process?