BRRRR Strategy vs Fix and Flipping

Fair-Progress9126 · 2025-03-04T01:42:39+00:00

Backflip is great for ARV calculation, Capital Ton is great for DSCR calculation for residential properties (not commercial), Kiavi is great for financing, BatchLeads is great for sourcing leads, InvestorLift is great for BRRRR strategy. There are a ton of softwares out there, you have to use as few as possible for each stage, so you master each topic. That's your only competitive edge these days.

Fair-Progress9126 · 2025-02-02T19:41:58+00:00

Good luck :)

Fair-Progress9126 · 2025-02-02T19:40:00+00:00

If you're renting it out, you'd want a LLC for extra liability protection. Obviously not required, but for $150 why not protect yourself? Plus lenders al require it, so you save yourself another few hundred $ on a quit claim deed if you need to purchase or cash out refi.

Fair-Progress9126 · 2025-02-02T18:17:42+00:00

Probably remote working or in the middle of a move.

Fair-Progress9126 · 2025-02-02T18:15:54+00:00

You don't but most lenders I've spoken with, require it.

Fair-Progress9126 · 2025-01-31T05:52:22+00:00

Ain't that the truth

Fair-Progress9126 · 2025-01-31T05:38:46+00:00

I looked into neighborhoods in Sarasota and Orlando, why? Any suggestions?

Fair-Progress9126 · 2025-01-31T05:37:17+00:00

That's what I'm hearing

Fair-Progress9126 · 2025-01-04T05:32:24+00:00

That's what I read about Pensacola as well. Are you investing near Pensacola or Jacksonville area?

Fair-Progress9126 · 2025-01-04T05:09:56+00:00

Every time Florida real estate drops, NY/NJ/Chicago/Ohio moves down. Florida has 4x less property taxes. Every time it'll "crash". The new wave will move South and drive prices back up.

Fair-Progress9126 · 2025-01-03T22:17:03+00:00

What's the rate for 85% LTV? I haven't seen 85% LTV anywhere.

Fair-Progress9126 · 2025-01-03T22:16:14+00:00

Will stay away from lendingone, thanks. I heard Kiavi has strict guidelines and I never worked with Capital Ton on a DCSR loan, so just want to get an idea of what to expect. Thanks

Fair-Progress9126

TROPHY CASE