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I bought an out of state turn-key property 2 years ago, valued at 165k in Atlanta. I put down 20% using an investment conventional loan (about a total of 30K). I have had a cash flow of about $450 to $500 a month from...
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Investment Info:
Single family BRRRR
Appraised Value: $95,000
Cash invested: $50,000
SFH in Indianapolis that needed cosmetic rehab.
What made you interested in investing in this type of deal?
We had purchased s...
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Hi everyone, I completed the purchase and renovation of my first rental property this fall. It’s rented out as of Oct 1. So my next step is to set up an LLC (in process) and then cash out refinance to fund my second p...
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Investment Info:
Single-family residence fix & flip investment in Midvale.
Purchase price: $193,000
Cash invested: $20,000
Sale price: $280,000
Live-in flip that I got at a foreclosure auctio...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in White Sulphur Springs.
Purchase price: $550,000
Cash invested: $50,000
32 Unit Apartment Complex 1 Mile from Greenbrier Res...
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So we pay cash for rentals using a HELOC from our primary residence and then obtain financing on the property after the fact. Proceeds from loan pay off HELOC. How do we get competitive 1st mortgage finance rates? I h...
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What are the pros and cons to pulling out a line of credit on a building versus refinancing? Wouldn't refinancing be more beneficial since you can individually pocket some of the funds tax free? I am aware that refina...
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I have one SFH rental in this particular neighborhood that has performed well. I bought it below market value, put in $8k worth of work and have good cash flow + appreciation. In less than a year I have had $22k give ...
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For the BRRR strategy when you go to refinance do you have to put a down payment for the refinanced loan?
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I had read about Visio Lending on this site and started to analyze their website and such and discovered they don't loan in my state. Any other companies similarly easy to finance through?