All Forum Posts by: Ravi Kimal
Ravi Kimal has started 3 posts and replied 4 times.
Post: BRRRR-Looking for further context

- Posts 4
- Votes 1
@George Cox Thank you for explaining the process. Your explanation was was very helpful.
Post: BRRRR-Looking for further context

- Posts 4
- Votes 1
I'm new to the real estate investment process and I'm trying to learn more about the BRRRR process. I was wondering if someone can explain the process further. I'm lost at the point of the refinance process. Let's say I find a deal that $60,000 and the ARV is $120,000. The total amount of money for repairs is $20,000. So I'm $80,000 in. And I get a renter in and not I'm about the refinance. The bank offers the 75percent after the refinance back to me. How I'm I making a CoCROI and able to use the money again?
Post: What are the best upgrades for ROI on flipping a condo?

- Posts 4
- Votes 1
I current have a condo that I bought when the market prices where low and it has appreciated in value enough to make some good money on. I looking for what upgrades would be great to make to get the most on ROI. Looking overall feedback and feedback from other in the Minnesota Market.
Post: Are there any Real Estate groups on BP from MN?

- Posts 4
- Votes 1
I’m looking to get start in my real estate journey here in Minnesota and was looking for any groups that are already establish that I can connect/network with other local real estate investors.