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All Forum Posts by: Brett Tvenge

Brett Tvenge has started 15 posts and replied 253 times.

Post: Investor In Phoenix, AZ

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152

@Philip Furlong Philip, most off market deals are through wholesalers which in part are cash or hard money only purchases.

Post: Credit card recommendations

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152
Originally posted by @Walter Key:

NONE. Find better avenues for working capital.

How do you figure? I use my AMEX for ALL purchases and generate approx $1500 in cash back annually. I pay 0 interest because my balances are paid in full each and every month.  

Post: Obtaining a mortgage with a small income

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152

@Christian Kama dude don’t buy a mortgage with a friend. Come on man. You want to sign up for a 30 year loan with a friend? That’s foolish.

Post: How Will Joe Biden as US President Affect Real Estate

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152
Originally posted by @Account Closed:

The administration's affect on real estate will depend the unemployment rate and businesses shutting their doors due to COVID. I personally don't see much of a price decrease for homes in 2021. It takes a LONG time for homes to decrease in value. Its not a stock. Look at 2008-2015. Housing market started massive foreclosures in 2007 but the housing market didn't hit rock bottom prices unit 2015 in most areas.

That might be for your market, but extremely false in the Phoenix Market. Home prices plunged immediately. 

Post: Finished all of the bigger pockets podcast

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152

@Eddie Ward you should consider a PRO membership to give back for everything BP has given you.... just my 2 cent...

Post: Inspection results- should we walk away?

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152

@Dee Smithly

There is a handful of serious red flags. I would be running not walking.

Post: Tucson Multifamily and BRRRR Meetup Nov. 5th

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152

@Colby Fryar same zoom login above?

Post: Gift ideas for real estate mentors

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152

@Marita Jojo I always do nice spirit like don Julio 1942 or a bottle of red wine like silver oak Cabernet

Post: Best Areas to Be New Wholesaler if you live in Phoenix, AZ

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152

@George Torres that’s awesome man congrats!

Post: SFR 30 Year Fixed Loan - Purchase or Cash-Out Refinance

Brett TvengePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 267
  • Votes 152

@Simmy Ahluwalia what do rates start at for 800+ credit?