All Forum Posts by: Jonathan Toruno

Hello I’m new investor doing wholesaling, owner financing and sub2s looking to learn from maybe some experienced brrrr investors!

Got my first sub2 in the works just trying to make sure I have the forms correct. I’m using a P+A like I would wholesaling correct? But I’m also adding a subject to existing mortgage in the agreement correct?

Does the refi phase depend on my credit? Just want to make sure so I’m not surprised because I thought the only thing that mattered was the appraisal of the asset? Any advice or info would be great.

So was wondering If i could BRRRR a owner financed home? Or is that dependent on the written agreement? I have a home that needs a lot of repairs but is willing to owner finance. Also found a local real estate entrepreneur who will finance the rehab. But my plan is to brrrr it tho am I wrong?

Hello was wondering a couple things? Would you try to convince an on market deal into owner financing? Also what kind of terms would you try to use to convince a owner to finance? And are you allowed to rent out and etc. If you owner finance?

Hello was wondering if I should just sand down original floors and then stain as opposed to putting new floors over them? This would be for a brrrr project I’m working on.

Hello I'm a first time BRRRR investor this would be my first investment. Looking for one not based on credit either. The home I want I would be all in for around 135-145k the house has an ARV of 205k+. The home is a 4/2 looking to turn it into 5/2.5 to secure ARV. Rents in the area for house of the size goes for 1400-1900 looking to refinance in under a year.

Was wondering if sales price in tax records are 100% accurate because this owner tries to tel me that’s not what he paid.

Thank you I’ll filter it out some more and get back with you

@Jonathan Toruno I’m 3/4 quarters of a mile out and I have 2 is that sufficient enough data?