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All Forum Posts by: Stephanie Andenora

Stephanie Andenora has started 2 posts and replied 2 times.

Classifieds

Post: Looking for Rental Property in Morgantown,WV

Stephanie AndenoraPosted
  • New to Real Estate
  • Morgantown, WV
  • Posts 2
  • Votes 1

My husband and I are looking for our first rental property in Morgantown,WV. 

0 Votes
Morgantown, West Virginia
Private Lending & Conventional Mortgage Advice

Post: First property-BRRRR method- What type of financing should I be looking at?

Stephanie AndenoraPosted
  • New to Real Estate
  • Morgantown, WV
  • Posts 2
  • Votes 1

My husband and I plan to put a down payment on a rental property we want to buy by getting taking out a HELOC on our personal home residence. The property are currently wanting to pursue is a triplex. Plan is to BRRRR. Each unit will need work (waiting on contractor quote). ARV is about 190-200K. Asking price 84K. I want to be able to have this property under a business so what are my options for obtaining the rest of the asking price plus money to rehab the property. I am new to real estate investing and obviously financing them. This property will cash flow well.

Thank you in advance. 

1 Vote
Morgantown, West Virginia