All Forum Posts by: Robin Marsh

This is a great suggestion. Lol also love the reference. Thank you

Thanks Ben. Much appreciated!!

Landon, very true on this. I do want to keep the properties as rentals though. So selling isn’t exactly what I’d like to do. I’m just having difficulty to get financing/refi for the next one. 

I'm currently self employed and have two rentals that were BRRRR's.... my bank won't refi again and my DTI is too high apparently for another property. (I have a car note of 13k. I offered to pay this off but they say it wouldn't be enough to change things) is this common and does anyone have a fix?

Good afternoon, I'm reaching out in hopes to find some advice or educated opinions on what to do with this first house rehab. This is my absolute first flip that I bought and remodeled (some myself and most hired out). My first plan was to fix it up and rent but with the market being so strong and this house being so nice I feel that selling makes more sense in this situation. So assuming that there is a profit to be made once it sells I'm curious what to do after. My first thought is to find another flip and go right back at it again but so far I'm having trouble finding that next destressed property with profit potential. I don't plan to by anything else until this sells and that should be this fall. 

I have a loan on the property and have been financing the rehab through my personal savings. Once the property sells I plan to pay off the note and then take the profit + lending to purchase another flip. Do you members believe this sounds correct or am i off? would love to be educated here. Thanks again.