I recently visited Phoenix to look at investment properties. Based on running some #s, I think it will be difficult to find a property that will initially cash flow with a LTR. Therefore, am running my #s based on an...
First let me preface this by saying that I'm not going to jump into anything, or make an emotional decision without doing due diligence, and I would never go this route unless I knew it would pay off - That being said...
Hello there everyone I have a quick scenario I would like to mention and see what feedback I get from BP's forum members. Enjoy!
An investor finds a property that is substantial discounted and pays for the property c...
Hello BP,Wanted to get some help in evaluating a refinance term sheet that I received from a local bank. Little background story, I am trying to refinance my 16 unit rental portfolio to pay off current loan and have s...
I'm new, have yet to do a deal, been studying the BRRRR strategy and have a newbie question: Why must I wait 1 year to refinance? Once the house is rehab'd, why can't I refinance right away? Does it make a differenc...
I've just recently tied up a 24 unit building. The plan is purchase the property with a construction loan including rehab costs. Rehab 2 units a month and move existing tenants into newly remodeled units, rinse, was...
I've targeting a property in my area that is soon to be listed at a Sheriff's Sale. Prior to the sale I want to make an offer to the current owners for the price of the outstanding debt and property taxes. With t...
So I have just recently been interested Real Estate investing. Currently I am an accounting major at a university trying to get my bachelors and masters in accounting and my long term goal is to get my cpa and eventua...
Hey everyone quick question for you. Is it necessary to buy cash when you BRRRR or does financing work just the same? Thanks!Nick
Using BPs calculator, Ive run numbers on about 50 properties in the last 30 days in search of my first SF rental property ($50-60k range) in KC, MO market. At this level, I can do all cash, but why would I if I do...