Sample Scenario 007 – Investing $100,000 in Stocks at 8.97%/yr and Earning and Spending $5,000/mo and Buy a Home To Live In with 5% Down Payment and 1 BRRR With Nothing Down

This is similar to Scenario 005 except in this Scenario we are buying 1 home to live in and 1 using the BRRR strategy.

We buy a home to live in with 5% down payment and lender-paid private mortgage insurance (PMI).

At the same time, we find a property that we can buy at a very large discount and purchase it with hard money. After a year of seasoning, we refinance the property with a rate and term refinance at a slightly higher rate than the 5% down owner occupant loan we got for our other purchase and leave no money in the deal.

For this Scenario I have overly simplified the BRRR purchase by saying we bought the property for 80% of After Repair Value (ARV) with no closing costs at the rate and term refi interest rate.

Copy

Scenario into my Real Estate Financial Planner™ Software

SS 007 Investing $100,000 in Stocks at 8.97%/yr and Earning and Spending $5,000/mo and Buy a Home To Live In with 5% Down Payment and 1 BRRR With Nothing Down with 2 Accounts, 2 Properties, and 3 Rules.
Or, read the detailed, computer-generated, narrated Blueprint™.

I will be adding to this page in a future revision, but wanted to get it posted for you now as I prepare additional Scenarios for upcoming classes I am teaching.