All Forum Posts by: Caleb Christopher

@Chad Lanting @Andy Nathan

Thanks. I'll mess with this and try again.

Will delete post if I can

Your PMI killed your $100. You lose $70 right there.

But it's a turnkey property, so you're not buying or forcing equity into the deal. You're paying someone else for that upfront, which leaves you with little.

If you could buy a deal of a property, your room for cash flow goes up.

Whew. That $178 after refinance is SLIM. If that's a super conservative number, OK, but your ARV needs to be solid.

I'm still in the <$100K range for BRRRRs, so take my comments for what they're worth with that context.

To the people saying "you'd save a couple hundred dollars at most" ... That's like a 25-50% difference in total cost between 2 companies.

Yes, the total dollar amount isn't all that high, and there may be better places to save that much or more, but dang it's a big difference between companies when you look at the percentage.

I'm shooting for a B/C class BRRRR deal right now. https://www.biggerpockets.com/...

 Do short-term rentals? Different laws apply to those.

View report

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

Wow awesome! I'm just going to bombard you with questions and I'll take anything I can get for answers:

How did you determine this was the deal you wanted to pursue. I'm considering a build-and-flip, and looking into comps for the area for my intended build.

How long did build take, and how did you finance? How long before it sold? Were you showing it before it was completed?

Oh look, the door matches the car...

Just wanted to say thanks for this post. This one was more informative than most modular home posts I've read so far in my searching.