All Forum Posts by: Chris Rendall

Hello BP community, I am a real estate investor in Midland, TX. I have been focused on investing outside of Midland, but I would like to start looking for rehabs here in Midland. I am looking for a great real estate agent that has a lot of experience working with investors. 

Any suggestions? Thanks!

Hello BP Community!

I'm still learning about the BRRRR method but it sounds like the refinance is always happening some time after the initial purchase of the property. I was curious to know if you can apply the same strategy when you initially purchase the property if you purchase below appraisal. For example, you get an offer accepted for $100K, and the purchase appraisal comes in at $120K, can you get the initial loan for $120K and pull some equity out of it right off the bat?

Thanks!