All Forum Posts by: Indra H.

Hello,

PM me to talk about RE meet up

@S L Martinez who are financing with that offers 100% of purchase and construction? Thank you

@Daniel Kong thank you, yeah the team situation is uncomfortable. I flipped successfully last year, but got some contractor asking for a husband to give me pricing 😱

Thank you Anthony, it makes sense

Hello folks,
I have a downpayment for a 13 family property that is cash flowing (there are other similar properties in my area that are possible candidates too) but I'm also asking myself if BRRR would be better option to acquire several 1-2 fam instead; using the BRRR strategy. I could buy the multifamily but I would use all my saving on the one property. I was also thinking that maybe I could get a 1 or 2 family for cash using the BRRR and then continue buying using the same money and strategy.I am already a landlord all 1 to 2fam, don't own commercial properties yet, I do have a job and good credit. Any ideas? Thank you

Im in the chicopee and springfield market, rents are not reslistic, especially in a building, having said that the cash flow youre calculating is considerably lower. PM with any other questions

Gautam, no, i dont get what you mean. Initial price 360k, i give 144k down. Balance owed in two years 216k plus 17,280k. So balloom payment is 233,280. He is yet to receive any offers on a market where houses are flying off the shelf.

@Gautam Venkatesan  

Thank you Timothy, I just ran the numbers as you suggested, I'd save around $2,500. Thank you so much for your input.