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

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
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

All Forum Posts by: Alandra Brown

Alandra Brown has started 3 posts and replied 4 times.

Hey everyone!

My name’s Allie and I work with a small investment team that specializes in creative real estate — things like subto, seller finance, and hybrid deal structures. We operate across a few markets and have built a strong system for solving problems that traditional buyers usually walk away from.

I’m not here to pitch anything — mainly just looking to connect with some solid, investor-friendly agents. Whether you’ve worked with investors before or are just curious about how creative deals work, I’d love to connect, trade notes, and see how we can support each other.

We do a decent number of deals each month, so I’m always on the lookout for good agents to team up with, especially when sellers have unique situations or properties that are tough to move the conventional route.

Drop a comment or shoot me a DM — would be great to chat!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $209,000
Cash invested: $15,000

I will be closing on my first deal at the end of Feb. 2022. This property I attianed using an FHA loan and a DPA. This SFH will serve as my primary residence for 1 year as I make it "rent ready". After the 1 year mark I will be renting out the property and looking to do another Owner occupied deal in the same area.

What made you interested in investing in this type of deal?

I believe the area is an up and coming with great schools, a growing population and decent cash flow potential. I also want to start the stacking Method and believe this is the deal that will enable me to build in the future.

How did you find this deal and how did you negotiate it?

I found the deal on the MLS via automatic updates. Since I do not live in the state my agent and I used facetime. After I had an inspection done there was a lot of issues that we brough up to the seller and she agreed to fix.

How did you add value to the deal?

I will be replacing the floors, countertops, changing fixtures, removing a wall, new paint, reglazing the tube, replacing hardware and updating appliances

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My agent Lisa Mcpherson (678) 612-8059 is the best. She is very knowledgeable, professional and prompt. Loved working with her every minute.

Hey Brayton, 

I am also new to Real estate and I would love to have an accountability partner. 

Post: Is this a good Deal?

Alandra BrownPosted
  • Posts 4
  • Votes 1

Hi, I am currently in the market for a duplex that I have plans to live in. I ran the numbers and am looking for some feedback on if this is a property that I should "pull the trigger on" so to speak. Any feedback I would appreciate. 

Here's the details:

This is a Duplex 2 bed 1 bath 

Monthly Income: 2,000

Monthly Expenses:1310.00

Monthly Cash Flow:689.00

Pro Forma Cap Rate:8.53%

NOI Total: 17052.00

Cash Needed: 28,327

Cash on Cash ROI Purchase 29.19%

Cap Rate 9.48%

Property Information
Purchase Price: $179,900.00
Purchase Closing Costs: $3,559.00
Estimated Repair Costs: $15,000.00
Total Cost of Project: $198,459.00
After Repair Value $200,000.00
Down Payment: $6,296.50
Loan Amount: $173,603.50
Loan Points: 2.0
Loan Fees: $3,472.07
Amortized Over: 30 years
Loan Interest Rate: 3.000%
Monthly P&I: $731.92


*This link comes directly from our calculators, based on information input by the member who posted.