All Forum Posts by: Farheen Naveed

Thanks so much  

Thank you so much 😊 

Ahh sob yes we also bought a rental property and paid 35000 more than the asking price because there were many buyers outside ready to buy in cash so we had to make a decision. It’s really up to property type and if our analysis. 
My thought is that the market will go down this year 

Congratulations 

We had our first rental property renovated now and going to be rented. I know this feeling 😊

Thank you so Stephanie, I thought refinancing is easier once it’s rented because we have debt on our second property. What do you think?

This is our first residential property which we paid off. Do you think to refinance it will be considered our residential property to get better rates?

Your help is really appreciated 

Hello bigger pockets,

Need suggestion to successfully implement brrrr method. We have a residential property which we own for more than 4 years and the loan is completely paid off. Now we are moving to a second resident and planning to rent our first one. We are planning to refinance after rent can use that money to buy our next investment property. My question:

1. Should we go for refinance or home equity loan and what’s the main difference and what’s best?

2. After refinance I doubt that our rental property could make only couple of hundred $$ in cash flow as we will have to pay hoa, mortgage payment, taxes, insurance and one month vacancy is considered too. Do you think it’s still a good deal?

3. How this will work in repeat process? Does it mean we will have to go back to bank and ask for loan for our 3rd, 4th.... property? How likely it is to refinanced from bank? Isn’t it like building more debts on you?

Your help will be really appreciated 

Hi, I'm new in REI and new in Richmond virginia. I would like to know what are the good areas in Richmond to house hack to brrrr or fix and flip? I'm looking for a residential property that needs rehab and has good potential to make some $$$ at the end. How to find good investment in Richmond virginia in today's sellers market?
Investors, REA, contractors, property managers anyone who has some experience and knowledge to help me will be really appreciated 

Thanks 

Hello,

I’m new in REA and just rehabbed my first rental property. I would like to know how to house hack to brrrrr/fix and flip in today’s sellers market? Can you still find good deals? What should be the successful strategy?

Looking for advise 

@Johnny Quilenderino thank you so much

Hi Johnny, 

Great post. I have a house couple of miles away from Hospital. The house has 3 bedrooms and 1.5 bathrooms. It’s completely remodeled. Please advise how it can be rented to traveling nurses/professionals since it has only 1.5 bathrooms so how it can be rented per room? what are the laws and is there any rental insurance you have to have?

Thank you so much for sharing your experience