Robert Collins
Are you paying cash for you BRRRR properties ?
When purchasing property with the intent to use the BRRRR method are most investors using cash to purchase the home , then refinancing after the process has been completed or are people still financing ( putting like ...
Nathan Fraser
Financing a BRRRR entirely with a HELOC?
hello BP communitysimple question for some. but is it wise to finance an entire BRRRR with a HELOC? what are the pros and cons, thank you to all who answer.
Cody Weber
BRRRR - Refinancing Methods
I’ve been learning more about the BRRRR strategy recently but am having a hard time trying to find strategies for Canadian real estate investors. Can anyone provide resources or examples of their own refinanced proper...
Shivam Vyas
Chicago Triplex Investment
Hello I am a new investor in the Chicago Area, I am currently in process of offering on a property. It is a legal 3 flat unit in Irving Park, I have included my excel analysis below. I will buy with FHA financing (3.5...
Darren Nardo
Exact steps in a BRRRR deal?
I am still lost on a few little things when it comes to the BRRRR strategy while using other people’s money. For example: you’re using private money (85% of deal) and your money (15%) .If they cover the purchase price...
Jonathan Tavarez
Mortgage insurance on rental
Hi, I recently decided to refinance my primary residence in an effort to lower the mortgage payment to then rent it out and in this way increase my cashflow from it. I was working with a loan breaker and when the loa...
Joshua J Cawthorn
Hard Money Lender for Rehab?
Howdy! I recently closed on my first duplex (second property!) and it is in dire need of rehabbing. Which is exactly what I wanted! I bought for $700k and the comps in this neighborhood support $850k+. Currently, the ...
Fausto Carosella
Refi of Primary home no longer deductible? What about house hack?
Hey all,So if I'm understanding this aspect of the new tax law, the mortgage interest is only deductible on ACQUISITION debt for your primary residence... correct? Meaning if I get into a house with a higher interest ...
Damien Ray
Just did a Subject to: what should I do next
Just did a Subject to on a property. I only owe about 30,000 on it and it has been rented for 2yrs now. I will appraise at about 90k to100k. Should I sell it? If so for how much? Oh and the bank just called in for the...
Zachary Lunden
Using a HELOC for Down Payment On a Seller Financed Property
I purchased my first house about a year ago and am trying to figure out how to finance my second purchase. My plan so far has been to find a multi-family property that the owner will consider carrying the note on and ...