All Forum Posts by: Abbey Humphreys
Abbey Humphreys has started 9 posts and replied 299 times.
Post: Ready to start with house hacking (Multi-Family)
- Posts 303
- Votes 324
Are you looking to stay in-state or are you open to OOS investing? What sort of market/investing strategy are you leaning towards?
Post: Second investment - cosmetic duplex
- Posts 303
- Votes 324
Seriously impressive- you put in the work and found a great deal. Congratulations!
Post: My first investment property!
- Posts 303
- Votes 324
Jeff- nice work! Congratulation on taking this step!
Post: Agent to Agent deal
- Posts 303
- Votes 324
Looks like a great move. Nice work!
Post: First Property through Rent to Retirement
- Posts 303
- Votes 324
Hey Amanda- this look great! Congratulations on taking that step and on your success.
Post: Turn Your Fixer Upper Into A Cash-Flowing Rental Property!
- Posts 303
- Votes 324
Real estate investors often face challenges when their properties don't meet their expectations. Easy Street Capital shares the story of Matthew, an investor who encountered a lower-than-anticipated appraisal value on his fix and flip property. Instead of selling in a declining market, Matthew decided to convert the property into a short-term rental using the BRRRR method. He turned to Easy Street's DSCR loan division, Easy Rent, and secured a rate-term refinance.
This strategic shift allowed him to generate a steady rental income, cover all expenses, and achieve a positive cash flow. Matthew's success highlights the importance of flexibility and partnering with a reliable lending institution in overcoming obstacles and maximizing returns in real estate investing.
Visit our website for more industry insights:
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For more tips on how to handle a failed flip visit our blog:
https://www.easystreetcap.com/what-to...
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DSCR Loans: What Are They And How To Get The Best Terms
https://www.biggerpockets.com/blog/ds...
DSCR Loans: How To Use Pro Strategies To Save More And Make More
https://www.biggerpockets.com/blog/ds...
(DSCR) Loan App: https://www.easystreetcap.com/easy-re...
(Hard-Money) Loan App: https://easystreetcap.liquidlogics.co...
Post: The Best Way to Finance your BRRRR Investment
- Posts 303
- Votes 324
In 2023, the BRRRR real estate investing strategy remains potent despite challenges posed by elevated interest rates and property values. The BRRRR approach, encompassing Buy, Rehab, Rent, Refinance, Repeat, holds appeal due to forced appreciation through renovations and cash-out refinances. We delve into the shifting financing landscape, comparing DSCR refinance loans to traditional options like conventional and bank loans. Unveil how DSCR loans, with their flexible seasoning requirements and easier qualification, have reshaped the BRRRR journey, equipping investors to navigate the dynamic market of 2023
Follow our socials! 👇
Instagram: https://www.instagram.com/easystreetcap/
Facebook: https://www.facebook.com/EasyStreetCa...
LinkedIn: https://www.linkedin.com/company/easy...
BiggerPockets: https://www.biggerpockets.com/users/r...
Twitter: https://twitter.com/easystreetcap
TikTok: https://www.tiktok.com/@easystreetcap
Connect with Robin:
Instagram: https://www.instagram.com/robinsimonesc/
Bigger Pockets: https://www.biggerpockets.com/users/r...
Twitter: https://twitter.com/RobinSimonESC
LinkedIn: https://www.linkedin.com/in/robinsimo...
DSCR Loans: What Are They And How To Get The Best Terms
https://www.biggerpockets.com/blog/ds...
DSCR Loans: How To Use Pro Strategies To Save More And Make More
https://www.biggerpockets.com/blog/ds...
(DSCR) Loan App: https://www.easystreetcap.com/easy-re...
(Hard-Money) Loan App: https://easystreetcap.liquidlogics.co...
The information provided on EasyStreetCap.com and in any accompanying Easy Street Capital video is intended for general informational purposes only and is not intended to serve as professional financial advice in the real estate investment industry. Easy Street Capital may utilize information from various sources, including third-party providers such as AirDNA, to present data, statistics, and other financial information. While we strive to ensure the accuracy and reliability of these sources, we do not guarantee the accuracy, completeness, or reliability of the information provided by these third-party sources.
Hey Nick- congratulations on this step and also on the step into fatherhood. Meetups in your market are definitely a great idea. Would love to connect!
Hey Cody- congratulations. Definitely commendable moves made. The comments on this thread are great advice, private lending and partnering through an entity could serve you well.
Post: Looking for a lender to purchase a 3-4 plex in LA
- Posts 303
- Votes 324
Quote from @Robin Simon:
Quote from @Mike D.:
Hi all! I'm looking for a lender to purchase a 3-4 plex in LA. They must:
- Accept at least 75% of the income from the subject property, preferably 100%, & understand how to work with this type of income.
- Have reasonable rates.
- Understand how to work with investors who are self employed and using income from rentals to qualify.
Thanks for any leads! Thus far have had disappointing experiences with PNC (didn't understand how to estimate the income from the subject property--we went around and around in circles) and BOA (nice, but will only take 50% of that income).
I recommend @Abbey Humphreys and Easy Street Capital to help you on this one - this is her specialty and has a much easier qualification and loan experience for investors!
Hey Mike- I would love to help! Sending you a DM now.