My goal is to purchase my first multifamily long-term rental and eventually use the BRRRR method to grow and scale into a diverse portfolio that includes long-term, vacation, and commercial rentals.

I picked up a lovely duplex in Clinton, MS. It should be fixed and rented within a month or two. Can anyone recommend a lender that offers refinancing for investment properties with a 30-year amortization? It seems th...

Hi Zahmir, nice to see another Philly investor on here! 

How to, or even whether to finance, or refinance, needs more details to answer including ARV and, calculated by dividing the net operating income (NOI) by the total debt service, the projected income and expenses to determine the Debt Service Coverage Ratio (DSCR).Typically 1.25 or better, it's possible to get it done with lower, depending on other factors that include the operator's three C's of credit: Capacity, Collateral (think location, location, location), and Character.Given a clearer picture of these and other factors, the Buy, Rehab, Rent, Refinance, Repeat (BRRR) method is another option.

I’ve been posting on here a lot for advice recently, and I have another question I’d love some opinions on. I have a single family home that has 4 bedrooms and 2 bathrooms and is in one of the more sought after areas ...

Been looking to get into real estate investing and for my current situation (single, just moved back home, steady job) it seems like Brrrr out of state method is the best course of action.

Hey Todd welcome I’ve done over 3500 deals and BRRRR is still working if you play it smart We manage over 300 rental properties and I personally own 40 of them across this area so I can tell you firsthand it’s still possible to cash flow if you buy right rehab tight and plan your exit We’re seeing solid BRRRR opportunities in places like Beverly Hills Brandon Clearwater Dade City Gulfport Holiday Hudson Inverness Jacksonville Lakeland Land O Lakes Largo Lutz New Port Richey Ocala Odessa Pinellas Park Plant City Port Richey Sanford Seffner St Petersburg Tampa Tarpon Springs Valrico Wesley Chapel Winter Park Zephyrhills and Winter Haven If you're not afraid to put in some work on the front end the refinance will set you up nicely Happy to share what’s working for us if you want to connect

Or another method--you might try knocking their door and introducing yourself.

I’m looking to connect with experienced investors, especially those who’ve succeeded with buy-and-hold, Maybe even Section 8, or creative finance methods. 

As I grow this portfolio I know this booking keeping method isn't sustainable.