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All Forum Posts by: Breelon Bryant

Breelon Bryant has started 46 posts and replied 151 times.

Post: Delayed Financing Exception? Who has used this?

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

@Annchen Knodt it really did. Thanks

Post: Delayed Financing Exception? Who has used this?

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

@Chris Mason ok got it. Thank you chris

Post: Delayed Financing Exception? Who has used this?

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

I stumbled onto this strategy listening to a podcast and have been reading up on it. Can someone explain this to me? Because this is a game changer. Can you use this if you cash bought a house with Hard Money?

Post: BRRRR method: Does it decrease cash flow?

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

@Travon Allender u cant under the app right now. U have to go thru your internet browser

Post: BRRRR method: Does it decrease cash flow?

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

@Bob Willis in taxes i think they do tax you if using a HELOC. Dont quote me though

Post: BRRRR method: Does it decrease cash flow?

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

@Jeff Adams it doesnt because the cash out refi is tac free. It does decrease cash flow minimally but if you have a good deal then it will still cash flow and you will get the equity u put in it back to use for another house

Post: Gifting for a deal possible?

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

@Andrew Postell i posted a topic that is currently trending called "BRRRR method: Does it decrease cash flow" click on it and the lady name is jamie. Thats the best way I know. I am still figuring this site out

Post: BRRRR method: Does it decrease cash flow?

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

@Bryan Beal can you explain how NOT using cash makes BRRRR a good choice? Because im stuck thinking BRRRR is basically taking the cash you use to buy the property and get it back to put in another property. If that is true, then buying initially without cash doesnt make BRRRR a good choice right?

Post: BRRRR method: Does it decrease cash flow?

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

@Justin Voegele @Tim Bradley @William Nelson @Bryan Beal here is my big question. BRRRR mainly works when you buy the property with cash. What about if you have to leverage the property INITIALLY as a 1st deal? Lets say if you use FHA loan. HOW would you BRRRR it or WOULD you BRRRR it?

Post: Gifting for a deal possible?

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

@Andrew Postell sorry i mentioned u in the wrong discussion but check my last post. A woman had a question about if she was needing a W2 to do a cash refi on a property because she quit her job. Thanks