All Forum Posts by: Wayne Mack
Wayne Mack has started 22 posts and replied 69 times.
Post: Cash out refinance success

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
@William Allen This is a great story! I am looking to do the same. I am interested in how you financed the property?
Post: Trying to find Motivated sellers in Norfolk,VA for my first deal

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
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Post: BRRRR Strategy Question

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
Hi everyone!
I have a question regarding the BRRRR strategy, it has really caught my attention and I believe this is the entry strategy I will employ! The phrase actually made me laugh a few times last night during the webinar @Brandon Turner hosted
Now, when funding the BRRRR strategy, can you fund it the same way you would fun a flip? For instance could I get a HML for this type of strategy because I have the intent to cash out refinance within 6-12 months and repay the lender? As you would do a flip when you repay your lender?
Anyone who has done this type of deal or is knowledgable within this strategy I would love your advice
Thanks in advance!
Post: I quit my CPA Job to buy Large Apartment Buildings

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
Awessommeeeeee!
Love this!
I am also in the accounting field. I don't have a CPA license though (;
Post: Newbie from North Jersey.

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
Post: Newbie from North Jersey.

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
Post: New Member from New Jersey

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
Welcome to BP @Yajaira Ramos !
I am also an investor from north jersey - Paterson
Let me know if theres anything I can do to help!
Happy Learning and Good Luck
Post: Looking for rent to own in Connecticut

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
She is located in Niantic @Tony Velez
Post: Looking for rent to own in Connecticut

- Investor
- Paterson, NJ
- Posts 77
- Votes 18
Tony, I know your friend is looking for a SFR. I actually know a woman in CT who is selleing her 2 fam rent to own. Let me know if you want more details, I can fill you in
@Joe Villeneuve That's cool! That actually makes me feel good moving forward because I couldn't figure out how to make the numbers work but that's great to hear. A seasoned investor that has done it multiple times.
What is the typical ARV percentage banks will finance?