Hi all,Wanted to share my first deal. I did the BRRR method
Purchase Price: $92,000
Rehab: $35,000
ARV/final appraisal: $175,000
Doing a cash out refinance and was able to get 75% of the ARV. Since I only needed...
As a new investor I've been looking at some sites that offer to buy a property for you and sell it back with seller financing. One of the sites marks it up 20-30% and then charges 10% interest on the property for 5 y...
I purchased a property at a foreclosure sale for $150,000. I paid all cash for the property. That was in May. I'm now trying to cash out on the property. I have put about $8k into the property. The property is...
So if I've got $80k cash, should I....A. find a discounted property (in my market) to repair, get rented, refinanced, and repeat (BRRRR it's cold!)
or B. Find 4 turnkey rentals (open to any U.S. market) for up to $10...
Hello team. I am a first time property investor looking for a single fam home or duplex in the Cleveland area (Parma, Bedford, Bedford Heights) or Tampa area (Lakeland, Spring Hill, Seffner). I want to purchase a long...
Hello! I am new to REI and I have been running my numbers for multiple properties I have received from my realtor. The part that I get stuck on is the refinance part. Are there banks that will do more than 70% LTV?? M...
Hi guys,
I'm a Brazilian living and investing in Mexico, as I'm starting I saw an opportunity to build wealth through RE and would like you to analyze my plan and show me my flaws. Knowing that the Mexican RE market ...
View report*This link comes directly from our calculators, based on information input by the member who posted.I am a bit confused as to how the total cash invested is calculated , my numbers arent th...
I've learned a lot about the BRRR stategy, and I have a question about the refinance part of it. My primary residence is paid off, and I have an open HELOC on it. Sometimes I come across deals on MLS (through my realt...
I am purchasing a multi. There is one trouble tenant I want to get rid of (covered all the smoke detectors and smokes inside) The problem is, they’re locked into a lease with almost an entire year left. We want to mov...