Alex Smith
First BRRR investment property! :)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $25,000
Cash invested: $70,000
Contributors:
Dawn Curry
Bought this one from a wholesaler for $...
Mike Lynch
To Rent or Not To Rent
Hi,
I was told by half of the people on investing websites to sell my property, here in Shallotte, NC, but it is pretty hard to find new stuff here as a $40,000 singlewide with land is now selling for $180,000. Our h...
Thomas Solorio
Need to refinance multiple properties at once
hello,I need to refinance 2 homes and one triplex. I also have another single family home that I need to refinance but I’m in a 50-50 partnership with my brother as a successful vacation rental. All my investment home...
William Barr
BRRRR Lenders without Seasoning Period
Hello!I am looking for a lender to use for BRRRR deals that will allow me to refinance without a "seasoning period" on the original mortgage. I know that the typical time period to refinance is 6-12 months, but I've h...
Jeff Montanya
Does it Make Sense to Buy Rentals With Hard Money?
Does it ever make sense to purchase a Buy & Hold property using hard money? If so how do you eventually get the hard money lender paid back if you're simply renting out the property and not flipping it. Would you...
Eric Davenport
Conventional loan BRRRR Financing
Hello All,
When learning about the BRRRR strategy, I have only heard of people buying and rehabbing with cash. Is it possible to first buy with a conventional loan and then refinance after a seasoning period?
I coul...
Patrick Rowe
Rental Properties rental Interest Rate
I just got a quote from our lender on a rental property. Is this typical with what you guys are seeing in your area? Also are you guys getting a better interest rate?5 year balloon at 5.711 interest rate Amortized ov...
Sean Beyrouthy
BRRRR - Seasoning Period - Refinance
Hello all! I am an investor in Delaware county right outside of Philadelphia. I currently have two rentals properties near Widener University and looking for my third. I know finding a full BRRRR in the current real e...
Christopher Eduardo
Been in the house for a year. Looking for ideas on what to do as an investor.
We built a custom home to live in as our primary residence. It is up in value but we are trying our best to stay here for another year in order to use the 2 out of 5 exemption. However, we built this house as an inves...
Bruce Ng
Selling a primary residence? vs holding as a rental
So for background, I have been house hacking in North LA county for a few years now. Since then, I've come across Biggerpockets and last year I started seriously looking for a second property. This month I got a large...