Justin Campbell
One of my first flips.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $70,000
Cash invested: $80,000
Sale price: $231,000
Found this property where I used to live. It was a FSBO. I...
Mike McCarthy
Property management as LLC?
In the process of buying my first SFH for BRRRR. For a conventional mortgage/refi, I'm buying it in my name. It sounds like it isn't worth the higher rates for portfolio or private lending. I'm good with this plan.
D...
Daniel Jodrey
Buying first investment with newbie partner
Hello BP community,I have a question about financing a down payment. I am a newbie looking to buy my first property, specifically a multi family. I have a partner who has the same real estate dreams and we have a grea...
Carlos Araujo
Need so advice to start flipping
Hey guys I'm new at this, I'm looking to get in to flipping, I live in New York City I have roughly 20k liquid and I have a 780 credit score, any ideas on how to start?
I always see this shows on how to flip real s...
Lenor Sherman
Fire 3 days after closing- Insurance doesn't want to pay!
Hello Bigger Pocket family. I recently purchased a 6 unit property. Within 5 days of closing on property. My on staff maintenance worker went to fix a radiator leak in the property. He was removing a radiator valve wi...
Terry Haines
Is it a good idea to take a loan out on a property I brought ?
Ok guys I need your help I brought a property that had 1 house and 2 mobile homes on it. None of the houses on the property were any good except 1 of the mobile homes. I want to know if it’s a good idea to take a loan...
Shameka Williams
How to Finance A Portfolio of SFR Needing large renovations?
Hello,How do I finance a portfolio of SFR homes needing large renovations? I have located a group of properties in the same area owned by the same investor and I am trying to figure out how to approach placing the pro...
Clinton Leighton
HOW TO GET EQUITY OUT OF AN INVESTMENT PROPERTY.
SHORT VERSION: I HAVE SOME EQUITY IN MY FIRST INVESTMENT PROPERTY. I WOULD LIKE TO ACCESS IT TO PURCHASE MY NEXT INVESTMENT PROPERTY. HOWEVER, I HAVE SPOKEN TO A LARGE COMMERCIAL BANK (WHERE I HAVE A BUSINESS ACCO...
Riteash Tiwari
BRRRR
HiI am newbie and listening to Brandon Turner's book where he mentioned Buying, Rehab, Rent, Refinance and Repeat ( BRRRR) Strategy. I am not following one aspects of it, any help would be highly appreciated, as I fee...
Shawn Kostoff
Under Contract for First Rental Property
Good Morning BP!Last night I put a property under contract that will be my first rental property. I have experience with flipping and wholesaling properties, but this is a new venture for me. I am looking for advice...