Tookie Nemchak
Hadn't counted on this curveball - refinance woes
In July, my husband and I invested $112,000 in a single family home. We financed it through a mortgage company with 20% down obtained by selling stocks. After putting $3500 into it, the home is now valued at $150,000...
Wayne Mack
BRRRR Strategy Question
Hi everyone!I have a question regarding the BRRRR strategy, it has really caught my attention and I believe this is the entry strategy I will employ! The phrase actually made me laugh a few times last night during the...
Ac Choudhary
Purchased multiple properties, what would be the best route to finance?
Ive puchased 14 homes during the meltdown. Purchase and rehabs were all self financed, and they have all been producing steady rent, 92% collection since 2010. I've depleted most of my funds and wanted to explore op...
Steve Cook
HELOC to fund Down Payment
Hi Everyone,After diving into real estate about 6 months ago, I've successfully added 3 properties to my portfolio. Each property is successfully cash flowing and has a 1-year lease in place. There is no major defer...
Will Pritchett
How to Hedge our bets?
I have read a lot of threads about whether or not we are in a bubble that is about to burst or maybe we are due for a correction. There are many different opinions but I would like to ask some of you for your me...
Terry Sutherland
too good of a deal? hard money
I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
Sunny Karen
Slow scaling with cash or faster scaling with mortgages?
Hello BiggerPockets community,I am a new Real Estate Investor and would love to get some feedback on our strategy.Goal: Achieve sustainable income of net $10K/month, while the properties appreciate long term. I am a b...
Joseph Cornwell
Massive BRRRR Win in Cincinnati!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cincinnati.
Purchase price: $60,000
Cash invested: $75
This was a triplex that the City of Norwood (Cincinnati) made me co...
Shannon Sadik
Apartment Down Payment: How to come up with the 25%?
I have been looking at apartment buildings for sale and am wondering how folks make the 20-25% down payment? I have several other rental properties and have been able to implement the BRRR model in order to avoid larg...
Jim Shoemaker
Marketing for the new Wholesaler
Hello Everyone.I'm new to the site, so if this is in the wrong place, please forgive the fact that I'm a newbie and just point me in the right direction as to where it should go.I am in the process of trying to start ...