Carlos Diaz
dohardmoney
I need some advice. I have been working with this lender for about a year now. I have not been able to fund a deal with them as of yet. Their criteria is very strict, and their money is very expensive (6.5 points, 1.5...
Kim Forgione
Am I overestimating costs?
I haven't done my first deal yet. I'd like to BRRRR. Also considering turnkey but don't like that I can't get my money back out. I have been analyzing a lot of properties but can't seem to find a deal that makes sense...
Jeffrey Price
Help with Rehab Projections (Fort Wayne & Warsaw IN)
Bigger Pocket Community,I've been reading about real estate for 2 years now, and I'm finally ready to make the push to start DOING instead of just sitting on the sidelines. I recently got out of the Air Force and will...
Account Closed
Backing out of a deal
Hey folks,I'm new to the real-estate game, and will be starting the BRRRR process soon. Wanting to get insight from you with regards to the Rehab portion. Assuming you have an inspection on the property prior to closi...
Phil Chehet
Seeking Hard Money Lenders for Low Cost of Entry Properties in the Midwest
Has anyone found a hard money lender willing to finance properties with a purchase price below $50k? Many lenders avoid these deals due to the low resale potential, but I'm curious if there are any loan products avail...
Jake H.
Need some advice (New wholesaler)
Hello everyone, I hope you are all doing well.
I have a few questions regarding some intricacies when it comes to residential wholesaling.
1. I am stuck on understanding the need for putting repair values into the s...
Jonathan Davis
Confused or Worried about rental rates, am I missing something?
I am interested in a duplex that is in my local area. I have ran the numbers through the BiggerPockets calculator and the rental rates will not let the numbers work. Using the property insights under tools it shows th...
Ashley Russell
BRRR Cash our Refi?
We are trying to do our first BRRR. We bought a SFH for 95k, put about 45k into it and it just appraised for $145k. The lender we are working with is estimating about $6k in closing costs so we would only get about $2...
Austin Prewett
Do I need to Consider Cost of Land (per acre) When Looking for a Good Deal?
Hey All,
Rookie investor here, and I'm looking at different properties for the best deal. I've done my fair share of research into good 'rules of thumb', but not any that consider the cost of land in the area. I've h...
Andy Lanyi
Cost segregation on new property
I have purchased a new set of apartments and wondering about cost segregation. How soon should I do it , if at all and how much should it cost? And does anyone know a good company that does it?