Account Closed
BRRR strategy confusion - Refinancing
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
Mike Franco
getting started in BRRRR with $1M cash and $1M+ assets? leverage
I need a strategy.
I'm retired, but never got into the BRRRR. I have $1M cash and $1.5M in paid off real estate assets, no debt, and no 'real' income. 830 FICO.
I want to leverage my assets and start BRRRR to secure...
Hanan K.
Reinvesting cash flow or focus on principal pay down?
Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...
Jordan Knoll
Buy and hold investors in Grand Rapids, MI
Hello, my husband Ian and I are buy and hold investors that are new to the bigger pockets site, but have been long-time fans of the podcast. We are currently house-hacking a duplex in Grandville, MI and are looking to...
Ron Woods
Looking for a Realtor in Las Vegas
Hi there,I'm looking for a Realtor that can help me make offers everyday on MLS & HUD properties in the Las Vegas Area. We would be making 15-20 properties a day. If you or anyone you know would be interested plea...
Andresa Guidelli
Rental Lenders
Hi,We are looking to expand our rental portfolio in Philadelphia PA. We have been working with a local lender for years but their main objective is rehabs and new construction. Which local lenders or out of state lend...
Justin Blough
Investing in Multi Family rental properties out of state
I live in CA. Is there a website or a resource that provides operating cost and rental income for multi family homes to help an out of state investor decide if this is a good area, and if the props are worth taking a...
Jim D.
Dressing up as a balloon payment for Halloween
I have built the majority of my small portfolio by house hacking for the last five years, and one result of that is that I am now spooked by anything other than the low interest, 30-year fixed rate terms I've grown ac...
Account Closed
Debt-to-Income: Buy Owner Occupied or Investment Property First?
Hey BP - looking to purchase another investment property AND want to purchase an owner-occupied house hack in 2019. My concern is becoming DTI. I think my partner and I are definitely getting near the threshold where ...
Prashant Sheth
Refinance with "ok" credit and property only rental income
I have a small portfolio and am coming out of a bad health situation. Part of the impact is my credit was shot and I am rebuilding it. Refinancing seems almost impossible and I'm getting really high rates and only ab...