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All Forum Posts by: Breelon Bryant

Breelon Bryant has started 46 posts and replied 151 times.

Post: Is 1500 enough to start in real estate?

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

@Travis Cannon the answer really is "it depends". If you are military, you can qualify for a VA loan with $0 down and house hack if you find the good deal.

You can wholesale with no money or credit

You can use a FHA loan and buy a property with 3.5% down ($40,000) house but i wouldnt recommend this route with only $1500.

Also you could partner with someone who has money and you can split the equity.

All in all, the answer is yes but its which route you decide to take

Post: Is House Hack a good strategy during the CoVid-19?

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

What do you think about house hacking during this epidemic as a safe way to getting into real estate?

Lets hear all opinions for us newbies!

Post: 203 FHA Contractor Recommendation?

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

I have a property needing LICENSED contractors to Bid on in Hattiesburg MS. Using a 203 FHA loan. If you know any needing work or interested, message me

Post: Hard money lender deal?

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

Hard money? Private?

Purchase price: 70k

ARV: 120k

Repairs: 10k-15k

SFH

3bed 2 bath

2000 sqft

In Mississippi

PM for any additional details or if you know anyone interested

Post: Water submetering multi fam

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

I need a good Sub meter water company for a 4 plex? Any suggestions?

Post: Best water submeter company for small multi family?

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

Hey BP family. I need a great water submeter company to submeter a 4plex. Who are you all using?

Post: Construction/rehab loans: Can it be a 2nd mortgage

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

@Guifre Mora ok so in your opinion, getting a refi interest rate at 3.7% to do a fha streamline of 25k would be better than traditional fha and getting a second mortgage?

Post: Construction/rehab loans: Can it be a 2nd mortgage

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

@Guifre Mora i got a FHA loan so its 96%. I have a 3.1% rate. If i refinance to get a streamline it will be 3.7% so thats the reason why i wont refi. My interest rate is great

Post: Construction/rehab loans: Can it be a 2nd mortgage

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

I got a 4plex under contract. I need 30k+ in repairs but I already have property in acquisition. Is there or can I get a second mortgage to rehab the property for a 30 year period? If so Someone tell me how or who

Post: Buy rental properties in Jackson, MS or surrounding area

Breelon BryantPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 156
  • Votes 41

Been living here all of my life. Great place to invest depending on where and what your niche is. Good luck!

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