Im having a hard time finding an answer to this:
We own and live in a soon to be reno‘d two family property that needs work in an area that is up and coming. My wife and I are probably going to live in one of the uni...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Phoenixville.
Purchase price: $220,000
Cash invested: $25,000
My first house hack was a duplex on a 3.5% down FHA in a Phi...
Hello everyone! I am looking to pull the trigger on my first deal which I plan to BRRR but I am scared about the refinance. It is a duplex in downtown Cincinnati ($60K Asking / $30K Rehab). My comps are a bit weird an...
Hi , I am curious when buying a rehab using the Brrr method.. Do you use your actual purchase price plus any added improvements as the cost basis for depreciation. Or can you use the new Appraised value minus the la...
I know this isn't that innovative because it's talked about on the podcast but it certainly isn't conventional. I went and talked to a local credit union about getting a line of credit and was pleasantly surprised at ...
Here is the situation. I have a potential deal where the owner is currently in the hospital and the kids want to get rid of the house. They've already contacted an appraiser to look at the house and the owner is on a ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Farrell.
Purchase price: $19,000
Cash invested: $21,000
Paid $19,000 cash, then refinanced it 6 months later at an apprais...
Looking for some options here I have a 3 unit rental that going in I knew it needed work (Roof, windows, deck replaced) This total for these repairs are about 25k.
I paid 60k for the property all cash. The rents are ...
I have an idea but wanted to run it through here to get some more info and see what holes may be in this strategy.
I have an opportunity to purchase a home and rent it out with limited vacancy because I have a consta...
Today I went to look at my first rental investment property. I am hoping to BRRRR. It is a cash flowing 2 unit multifamily building. The rent is $700 + $700 = $1400. I've estimated NOI to be around $11,000. Cost is $8...