Sholei Foster
using the calculator for brrrr/ hard money loan
If I use a hard money loan for the acquisition, would I leave the "cash price" unchecked? If I check the box I have all the drop downs I would use except for the amortization years. Unless I am supposed to put 1 year,...
Eric Veium
Silent Credit Partner Compensation
A friend of mine owns a property 50/50 with another couple. The property is worth $1M. Property has 3 units with $4k+ rent potential The couple wants to sell to move out of state. My friend wants to stay on the proper...
James Eaton
Question about the BRRRR strategy
Good morning, everyone. I am in the middle of David Greene’s BRRRR book and I can’t quite get my head wrapped around the strategy. How is it possible to buy a home then refinance and pull out 75% of the value as cash?...
N/A N/A
COSI loans?
Has anyone heard of this? I was given information this weekend and it just sounds too good to be true. I am wondering what the catch is.....
Thanks! Heather
Jermaine Gourdine
GEORGIA MOBILE HOME INVESTORS (METRO ATLANTA AREA)
Hello BP,Looking to connect with some Mobile Home investors in the metro Atlanta area. I have some interest in this field and would like to learn more about it. Is this niche worth it? Lets talk.Thank you
Jonathan Johnson
VA Loan - Buy and Hold 4-unit multi-family.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $150,000
Cash invested: $15,000
4-unit apartment house. One 2br, Two 1br, and an efficiency apartment downst...
Patrick Lloyd
Dumb Brrrr question about refinancing
So I'm looking at a property that is going for 140k, I think it can rent for 1600 with about 5-10k in repairs and it would be worth 170k. First of all can you finance a purchase of a brrrr property? I get it cash is ...
Richard Washington
Question from newbie: Save Cash or Payoff Debt?
I have successfully paid down all of my remaining debts except for my $8000 car loan. I want to purchase my first rental property next year, mid-2021 and was advised to save roughly 35K to 40K to get started. MY QUEST...
Mikhail Petrenko
Build 3-plex or sell as is now in Hayward CA?
Good evening everyone!I am remodeling 3 bd 1 ba in Hayward now (close to HomeDepot). Comps are around 600k ARV.My potential profit is around 100k.ORI can refinance the first unit and I can build 2 more units (the prop...
Rob Wetzel
HELOC vs. Cash Out Refi
I recently renovated and rented my first row house in Washington, DC. The deal performed well and I'm curious if ya'll think I made the right decision when it comes to HELOC vs. Cash Out Refinance. I'm new to the fina...