All Forum Posts by: Brian Plajer

what is the estimated expense to build the new property? do you have a builder? blueprints? approval to build?

I logged on to ask a similar question wondering how commercial financing requirements differ from residential. I would have assumed a lower % at a higher rate. I'll watch this thread for more info.

Hello,

  I've listened to several podcasts about renting individual rooms and the tenants have shared common areas. How do I find out if thats allowed in my area and if you successful with this strategy can you share some pearls?

View report

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

Hello, This is my first time using the BRRRR calculator and I had to estimate some of the numbers since the property hasn't hit the market yet. Its a 4 unit property zoned as commercial. 2 x 2BR , 2 x 1 BR.  Estimating that it needs $120K (could be less)  of work. Plan, if possible would be to use hard money for purchase and rehab and then refinance and rent the units out....course, I have never done that before so please take a look and provide feedback. thanks

I may have an opportunity for my first BRRRR and its a 4 unit building. Its scary and exciting. Big fear is determining the ARV incorrectly and making a bad deal. Married with three kids so I need to be right

@Zac P. How does doing a Brrrrr avoid the 25% down?

Josh, since you’re in the lending business how should I find and vet a hard money lender?  Can I get pre-approved like a regular load to expedite the process? 

in that case, I wish I had richer friends,lol

I just listened to podcast 382 Brrrr strategy using private money, only I don’t recall them saying where to get the private money from. I don’t want to hit up family and friends. 

@Caio Ferreira Torres at least put aside the amount that the company will match. Its free money.