All Forum Posts by: Calvin Atria
Calvin Atria has started 2 posts and replied 4 times.
Post: Brrr didn't even realize it!
- Handyman
- Streator
- Posts 5
- Votes 2
Sounds Good! Definitely will!
Post: Brrr didn't even realize it!
- Handyman
- Streator
- Posts 5
- Votes 2
Quote from @Andrew Zamboroski:
Quote from @Calvin Atria:
Quote from @Andrew Zamboroski:
Quote from @Calvin Atria:
purchase a property cash for 43k. It was in the middle of a foreclosure. So I picked it only going to be into the house another 20k and the arp will be 150k. So I'll be cash out and refinance and rinses and repeat! The funny thing is i didn't realize the method i was doing until I found this page! I'm hoping to find a group of individuals that would like to talk shop! Also do most people do the business loans to cash out and refinance or do they do something else?
Purchased the property in November. Been looking for lenders?!
the property is under an llc as well.
also rehabbing the whole house.
Hopefully in the next 2 months.
Post: Brrr rental property
- Handyman
- Streator
- Posts 5
- Votes 2
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $43,000
Cash invested: $20,000
Purchased pre for closer
Rehab
Rent
Cash out refinance
What made you interested in investing in this type of deal?
Financial freedom
How did you find this deal and how did you negotiate it?
A friend that's a real-estate agent looked into the property for me after finding it on zillow.
How did you finance this deal?
Paid cash
How did you add value to the deal?
Remodeling both bathroom
Paint
Flooring
What was the outcome?
In progress
Post: Brrr didn't even realize it!
- Handyman
- Streator
- Posts 5
- Votes 2
purchase a property cash for 43k. It was in the middle of a foreclosure. So I picked it only going to be into the house another 20k and the arp will be 150k. So I'll be cash out and refinance and rinses and repeat! The funny thing is i didn't realize the method i was doing until I found this page! I'm hoping to find a group of individuals that would like to talk shop! Also do most people do the business loans to cash out and refinance or do they do something else?