Cory Melious
Seeking advice on first BRRRR purchase
Hey y'all;I'm looking for some advice on my first rental property purchase. The plan is to purchase this place for about 25k under value. It needs about 5k worth of repairs and a tenant in one of the 3 vacant units. A...
Carl M.
How do I incorporate rehab costs into the 50% Rule?
I'm trying to understand the 50% rule when it comes to houses that need work. I think the best thing to do would be to spell out the deal I have now and let people offer their input. I have a single family home under ...
Eric P.
No job, 800 FICO, 200k cash... can I buy rentals w/ 20% down?
Hey guys, as the title says, can I buy investment properties with 20% down if I have no current job, but an 800 credit score and 200k cash? I have ZERO debt, only bills are car insurance and cell phone. Here's some mo...
Chase Harmon
Rehab Financing Strategies
Question: What is the best rehab financing strategy for someone with strong monthly income but minimal savings?Context: I purchased a duplex that requires a substantial amount of rehab. I am a strong believer in doin...
Raden Mantuano
Minimum Required Financing Dilemma Need Help
So my partner and I are hitting a dilemma trying to a obtain financing for a multi family triplex deal. Most lenders are rejecting us due to the loan minimums. It’s either too low, or we are too new.. is there’s anyon...
Jared B.
LLC owner, can I Refi?
I purchased a single-family home in January under my personal name. My partner and I have an LLC set up but have yet to transfer the house to the LLC. We were planning on doing so within the next 30 days, but we are a...
Khemaro N.
HELOC on investment Property vs Cashout Refinance
I have a 4 unit investment property that cashflows handsomely. I want to refinance and cashout the initial investment capital to redeploy it elsewhere. However if i do this my monthly debt service is going to go up. ...
Asa Davis
Can I dispute an appraisal?
Hey everyone, I’m a newbie real estate investor. I purchased my first home in May of this year at the purchase price of 239K. We renovated extensively for a total cost of 45K so purchase price plus renovation cost is ...
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...