All Forum Posts by: Stephanie Andenora
Stephanie Andenora has started 2 posts and replied 2 times.
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.
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.