Eric Munson
Diary of a BRRR in Deltona Fl from Ct
I have a 2/2/2 under contract in Deltona Florida. The property was inherited by 3 grandkids who have owned it for a little over a year. The monthly bills were a problem for them as they did not have the money to keep ...
Doug Thompson
8-plex deal cash flows, but probably won't pass appraised value?
Hello BP, I'm a new investor. I have been studying, reading, networking and building my education. I plan to flip, as well as long term SFR and MF. I have cash from recent sale of my last startup company. I've be...
Kevin Schaefer
Property soon to be REO and not sure what I should do next?
Hello, I just got my NJ license and have been working the withdrawn / expired lists. I'm talking to an owner who's house just expired and she's telling me she's moving out in two weeks because the bank wouldn't accept...
Shanae Swaby
Newbie in Detroit. What's Going on Here??
Hi all!Detroit is booming right now and this Newbie wants in. My plan is to start flipping homes to build up my cash on hand, then buy and hold for passive income. From research and speaking with current flippers, the...
Nicholas Munford
BRRRR Method With Cash
So I've been doing research on BRRRR and most of the people that do it take out 2 loans (to buy and then to refinance). And I was wondering if using cash to buy and then doing the cash out refinance and then taking ou...
Itay Heled
recommendations for appraiser
Hi BP members
I am looking for an appraiser for south Euclid house I own any suggestions?
Matthew H. Miller
Lease Option Refinancing
Question! If I pick up a property for say 60% of appraised value and I put together a lease option to an end buyer for 100% of appraised value on a 3 year term, after a seasoning of 6-12 months from the bank, can I re...
Ryan B.
Is the bank really giving me a good deal or am I missing something?
I use a very small local bank for all of my personal and real estate business. I was talking to the loan officer the other day about purchasing some more rentals.
She offered me a construction loan to buy and reha...
Jay Z.
Average return of a Multiunit?
Hello Everyone,In the past 3 years I have been doing Brrrr investments on individual residential properties and bought 10+ rental properties. My cash return is 20-40%. BTW I didn't know "Brrrr method" until recently I...
Kat Hughes
Refi to drop MIP (but possibly have higher interest rate) or not?
Hi! New to bigger pockets and would love some advice on refinancing or not...We bought a $640K Multi Family home in 2012 (north hollywood, Ca) with a 3.5% interest rate, FHA loan.We refinanced in 2015 and took out 10...