All Forum Posts by: Melba Chambers
Melba Chambers has started 19 posts and replied 165 times.
Post: Closed on my first property last week!
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Justin Wotring. Awesome...congrats
Post: Help me analyze my first BRRRR
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Melissa B I'm not an expert at this yet but it appears that your expenses are way too low!! I use a minimum of 5% each for vacancy, repairs & capex!! Also depending on your bank you are pulling 75-80% of LTV, that would be the $96000 listed under refinance!!
Post: Finally acquired my first property.
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Reed Lambier To lose the deal really sucks but to find out after closing about the assessment would have be a KILLER!! Good luck moving forward.
Post: My introduction post to Bigger Pockets
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Skyler Kramer Welcome!!!
Post: Denying an applicant.... That I have already denied before....
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Charlie Moore My question would be... Why did you deny her the 1st time? Would she be denied for it again? Has her situation completely changed from the last time?
Post: First Rental property bought with CASH
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Sut Sinpraw Congrats!!
Post: First Rental Property Deal Done!
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Maurice Blackledge congrats...that’s awesome!
Post: First flip done and under contract
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Skyler Mckinney awesome! great job, keep it up!
Post: TimBRRRR 1.0, a step by step BRRRR
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
@Tim Bradley looking forward to following your process...I'm in the process of buying my 1st BRRRR
Post: Looking at my first rental
- Rental Property Investor
- Norwalk, CT
- Posts 171
- Votes 138
Hello @Tikvah Schlissel did you use the BP calculators? BP group will be able to see the numbers you are working with, if you share it.