It sounds like you have a solid operation and a clear buy box.

Hey Deon, congrats on getting this far into the BRRRR process—most people never get to the point where you already have ARV comps, contractors lined up, and a clear exit plan, so you’re doing great.

The situation: Duplex in which equity is at least 60%, with a 3.87% rate currently, and a Rent:PITI ratio of about 1.35. 

Lock a tight buy box by submarket and vintage, underwrite to in-place income first, then model stabilized rents with conservative expenses and a true cap-ex reserve.

I did my first one with the help of my buyers agent, the title company who supplied the promissory note for free, and a few hundred bucks for my lawyer to review the docs prior to closing.

The property also includes nine apartments and a second commercial space leased to a credit tenant.

Petersburg as well and work with a lot of investors Nationwide but mostly focus on FL, IN, OH, TN, NC and a few other states due to price point and better cash flow deals.Feel free to check out my profile and add me to your Network!

my firm does foreign national loans all the time. it's not an issue. any loan officers you talk to that are confused by that are not well informed. you're looking at an LTV reduction and a slight increase in rate maybe, but it can easily be done.

That sounds like a beautiful area and a fun opportunity.

We’re in the last month of the year, and a lot of investors are trying to wrap up their BRRRR projects before 2025 closes out.Totally understandable — everyone wants clean books going into January.But here’s the thing I see every year:End-of-year BRRRR rush is when the most mistakes get made.People are trying to finish rehab, order final materials, and get a tenant in before the holidays…and they forget to slow down long enough to document the project properly.If you’re closing out a BRRRR right now, here are three things you really want to tighten up before December ends:1.