All Forum Posts by: Jay Z.

Randall,

Thank you very much for the suggestions. Could you let me know which lender you worked with? 

Thanks!

Jason

Hi Everyone,

I am buying a bundle of single-family rental properties in central Maryland.  I am looking for a loan of $3M or so.  Could anyone recommend a lender?

Thanks,

Jay

Thanks, Kevin. I guess I need do some cold call as well. :)

Kevin,

Your return rate is really high. I briefly looked at 4-plex in my area but couldn't find anything with high return.  

Not sure about your property value, my problem right now is that I want to buy properties more expensive yet keep CoC 20%. I want properties at least $750K and can be refinanced with commercial loan. Perhaps apartment complex is my only solution?

Thanks,

Jason

Hello Everyone,

In the past 3 years I have been doing Brrrr investments on individual residential properties and bought 10+ rental properties. My cash return is 20-40%. BTW I didn't know "Brrrr method" until recently I found Brandon has already theorized and exposed my secret. :)

While I am happy with my return rate, the process of Brrrr-ing individual house is time consuming, thus I can only help a couple of "repeat" investor friends, and I have to say no to other investor friends. And buying larger individual residential rental doesn't seem generate same return rate (If anyone think I am wrong, please chime in). This makes me to think about apartments. For those who have experiences of renovating and refinancing an apartment, what are your return rate?

Thanks,

Jason

Hello Everyone,

In the past 3 years I have been doing Brrrr investments on individual residential properties and bought 10+ rental properties. My cash return is 20-40%. BTW I didn't know "Brrrr method" until recently I found Brandon has already theorized and exposed my secret.  :)

While my return rate is high, the process of Brrrr-ing individual house is effort consuming, thus I can only help a couple of "repeat" investor friends, and I have to say no to other investor friends. And buying larger residential rental doesn't seem generate same return rate (If anyone think I am wrong, please chime in). This makes me to think about apartments. For those who have experiences of renovating and refinancing an apartment, what are your return rate?

Thanks,

Jason

I bought a shor-sale house and the agreement is that not to sell it for more than 120% value from day 30 to day 90. I plan to complete the renovation within 60 day, and sell it after 90 days with more than 120% value of course. The question is: is it legal to maket it starting from day 60?