Interested in succeeding as a BRRRR investor? Then check out this video! Matt Faircloth from Bigger Pockets gives us a tour of a property he invested in, and talks about numbers, lessons, and tips. Check it out!
Ready to tackle the BRRRR method and invest in your first property? Our team is here to guide you through the process and help you reach your investment goals. Contact us today.
Did you know you have more than one option when it comes to financing your property investments?
As you can see, there are 5 paths to take with financing your properties:
So, which loan type is best for your project so you can boost your cash flow and reach your goals faster? Find out here on our sister site, Investor Real Estate Loans.
Close your eyes. Clear your mind. Take a deep breath.
Now, let’s pretend we’re talking to each other two years from now. What happened during that time period that made you proud and put a smile on your face? How does your cash flow look? What kind of work schedule do you have? How does life look for you and your family?
When it comes to investing, we have discovered that thinking ahead two years leads to the most success. Why two years? Well, it’s short enough to imagine without being overwhelming, and it’s long enough to create tangible, positive change in your life.
Coming up with a plan is as easy as one, two, three:
Step 1: Imagine where you want to be in two years.
Step 2: Evaluate where you’re starting at today.
Step 3: Create a plan that connects your current reality to your future dreams.
How do you formulate an actual plan? Well, that’s what our team is here to help you do. It’s just a matter of picking up the phone and giving us a call to chat.
One conversation can change your future…and your life!
You probably hear a lot of talk in the mortgage industry about your credit score and the effect it can have on your interest rates, but do you really have an idea of how much it’s affecting your bottom dollar?
Do you know how to determine your Return on Credit (ROC)?
Can you crunch the numbers to figure out how much your score is helping your cash-flow? How about how much money it’s sucking out every month?)
These calculations can get complicated, but the takeaway here is that a less-than-stellar score can really be costing your tens of thousands of dollars over the lifetime of your loan. And when your loan is on investment property, (or several,) you may as well be lighting your profits on fire.
We want to help! Contact our team so we can help you see where you’re currently at, and where you could be going instead.
Hard Money Mike is a lender based in Colorado offering services in several states. We lend money for all varieties of commercial-based properties. So whether you’re trying to finance a fix-and-flip, vacant land, whole-tailing, or looking for a builder bridge loan, we’ve got you covered.
Call Mike Bonn at: 303-539-3000 or email Mike@HardMoneyMike.com
