Got the typical phone call from an IBUYER in TN, offering to buy my investment home. He sent me a sales contract with the agreed price of $125k, As-Is, no realtor fees or other closing costs and promise of $500/earnst...

Hi all, I am planning on acquiring my first investment property (non-primary residance). I read the beginner’s guide on the site and planning on a simpler strategy for my first property:

-Goal: Cash flow
-Type: Si...

Can I use a mortgage to make the initial purchase of a BRRRR property or must I purchase the property with cash to make the strategy work properly?

If I were to obtain a personal line of credit to combine with my own capital in purchasing/rehabbing a property, how would this affect me when it comes time to cash-out refinance?

Hey all,Looking to convert extra space on a Multi-Family in South Philly into a bedroom. This conversion would allow the now 1 bedroom unit (converted from studio) to have private access from the exterior. The only is...

Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...

Hi everyone, my first post!My initial strategy was to buy a rental, rent out the rooms individually (separate lease per room), save as much as possible, buy another rental once I've saved enough, then continue the cyc...

Hi, was curious if you always get a full inspection done to build a Scope of Work for a fix and flip. If so, have you ever gotten an inspection just to find out that the scope is too costly to make it a profitable fli...

I've just completed the renovation on my 4th BRRRR Property and we placed a tenant in the property last week - it is my 6th property.  The issue I have is that I only have enough capital to do one deal at a time.  One...

I refinanced one of my houses into a 30yr FHA loan back in January of 2013.The FHA appraised value of the property at the time was $326k. The loan amount for the refi was $255k.Since closing occurred prior to June of ...