Just finishing up David Greene's excellent book on BRRRR, and the whole idea is to refinance after the rehab when your appraisal will be a lot higher (and hopefully you can pull out all of your cash or more). However...
I was wandering how my credit score will be affected applying repeatedly for mortgages and refinancing other loans on Brrr properties. Are there any best practices or methods to establish relationships with banks as a...
Good morning everyone!
I wanted to inquire about how repeatedly doing the BRRRR method affects credit? Does it hurt to keep having hard pulls on your credit to repeatedly refinance properties every 6-12 months. Any i...
Hey all, as more of the world is taking on AI especially in the wake of chat GPT, I'm curious what other are doing, or thinking would be cool to do in the real estate field with the integration of AI.
As an agent, I...
I have a client with the following:$100k/year incomeExcellent credit$40k liquid cashMinimal debt, great DTICombined equity in properties is ~$100kHe's looking to utilize the BRRRR strategy (Buy, Renovate, Rent, Refina...
I decided to post my own thread after a discussion in a similar forum. I am actively looking for a property to employ the BRRRR strategy.People with experience using this strategy, how to you go about it?1) Are you ta...
Hi all,I'm in the process of creating an investing plan/guideline that will help me visualize the property acquisition process and serve as a checklist to make sure I'm doing the right things in the right order. I'm c...
Hey All!Just a quick question. When applying for a new loan, do mortgage lenders or banks look at the LTV or how much you forked over as a downpayment on your other rentals/primary or do they just care about Monthly p...
Watch Fox News tonight and you’ll see news about the upcoming U.S. Election, the U.S. Housing “Recovery,” and of course the Olympic Games. What you won’t see, is any news about the banking crisis in Europe and the re...
Hello all! I am interested in a 4 unit multi family home in my area. (washington DC).The unit has all the signs of being an abandoned property. Tall grass etc. I researched the property and an agent told me she cannot...