Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

3
Posts
1
Votes
Bryce Pappas
  • Homeowner
  • north las vegas
1
Votes |
3
Posts

Auction.com Qi’s and lending for refi on cash deals. BRRR

Bryce Pappas
  • Homeowner
  • north las vegas
Posted

Hello BP, I am a new investor, i bought my first property in Las Vegas with a VA loan a couple of years ago and have some equity a long with some cash saved up.

I am looking to break into a different market since my goal is to have cash flowing Rental properties incorporating the BRRR method into my strategy.

Looking for deals, I have stumbled across auction.com, but it seems risky considering no inspections can be completed beforehand.

Does anyone have any tips when taking this route to find a suitable property? 

is there anyway to get bids from a contractor or follow up with some kind of due diligence ahead of time? again i am looking from a great distance.

Also I would like to get in touch with a lender who has worked with investors incorporating the BRRR method before in the area so I can better understand what the requirements for refinance are. I can make sure to check all the blocks in advance and lower/mitigate my risk of possibly being stuck in a situation where my capital is unnecessarily tied up. Perhaps we can do business together and get some deals done that could be beneficial for both of us.

Loading replies...