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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 3 times.

Starting Out

Post: Financing First Deal BRRR!!!!

Account ClosedPosted
  • New to Real Estate
  • Fort Mill, SC
  • Posts 3
  • Votes 1

Awesome! Thanks for the confidence building!!! 

0 Votes
Starting Out

Post: Financing First Deal BRRR!!!!

Account ClosedPosted
  • New to Real Estate
  • Fort Mill, SC
  • Posts 3
  • Votes 1

Hi Everyone!

We are new investors that have finally found our first deal!!! (fingers crossed) I'm running numbers and going through spreadsheets and asking friends all sorts of questions. I have this one for this group. I and trying to build my deal structure and here is what I am thinking.

Use hard money and some of our money to purchase and rehab the property. Yes, this would impact profit.

Then rent and refinance. 

Here is the question. Just a general bank refinance will work?

Thanks!

Sam

0 Votes
Real Estate Events & Meetups

Post: Charlotte, NC Meetup MONDAY FEBRUARY 29TH

Account ClosedPosted
  • New to Real Estate
  • Fort Mill, SC
  • Posts 3
  • Votes 1

My husband and I will be there. Looking forward to it.

1 Vote