How To Finance A BRRRR Property

Thank you for watching!

Thach Nguyen has come a long way since arriving in America at age 4 with his parents, four brothers, and sister in 1975. Focus, drive, determination, and great mentors paved the way for him to go from a homeless refugee to a multi-millionaire.

Thach is the CEO & Founder of Thach Real Estate Group and principal of Springboard to Wealth. He is not only a seasoned realtor, investor, coach, author, and speaker, but also a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300 homes, townhouses, multifamily units and completed over 100 flips, and owns over 100 rental properties giving him over $100,000 a month in passive income. Thach and his team have assisted more than 1,500 families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.

#realestateinvesting #realestateinvestor #realestate

[adobebackyards]

Thank you Thach, I’m a former student, you just answered a question I had on a property I made a offer on yesterday, all cash in, no hard money. 165k, rehab 50k or less and Arv 265+. Average rent 2k

[aisalinituiasosopo]

So refreshing to see someone go through the #’s in detail. Thanks Thach, all of your content has been extended beneficial 🙌🏽

[stevendnguyen]

Follow one path to success. Thach does BRRRRs in washington. I do small apartment complexes in OKC (5-50 units). You must not get distracted with shiny object syndrome. Stick to one path of success until you are financially free. How I was scaled from 0 to 90 units, but am trying to sell off my mobile home park for a profit to put into more apartment complexes. I struggle with shiny object syndrome but now have clarity. To keep your life the most simple, just do the one thing that you have an unfair advantage in. Mine is off market small apartment complexes in OKC.

[tylerl.]

It's really hard to believe a 1, 000 sq ft shed in the backyard of someone else's home is worth 800, 000

[missionofafuturebillionair]

I wish I found your channel sooner. I'm here on a Saturday watching your vlogs one after another.

[rayzenko]

I'm new to this mindset, I think I found my new mentor 🤩🤩🤩

[nolanderskidaddy]

Thank you for simplifing the beer strategy. These are great videos.

[stevennguyen]

In CA they appraised the ADU very low, maybe lower than the cost you put in to build it. They said there are not many comps with an ADU in the area. I hope in the near futures ADU will be appraised much more than now when a lot of houses with ADU being sold😊

[gozyskitchen]

You are a fantastic teacher ! Thanks for sharing all these wonderful knowledge.

[alberthernandez]

I’m a bit confused how your getting 800k value on two separate Adus? I’m doing this in AZ however, value is still based on all structures together because they are on one lot. How are you able to get the banks to split up the three structures separate if they are on one lot?? I have a 3/2 main house, studio adu attached unit and a 2/1 guest house detached adu built in the back. Bank sees it as a triplex but still refi on one value not three different values. Can you please clarify this?

[alexpfliger]

You’re amazing thach🔥. I’m in the Seattle area to! Love you’re teaching and you’re a true hard worker and I truly appreciate your content👌🏼. I’m in the process to get my real estate license and I take my test in 2 weeks. With you’re way of teaching you have help me so much understanding how real estate works. Thank you thach for your knowledge!

[Casajulianmg]

Any adu in Seattle you might rent it out but you can’t price them separately from your main house. You need to sub divide you land with the city.

[thefifthelement]

This is awesome! Thank you for sharing Thach!

[ShinobiYourHomie]

Du ma Thach! I love all these videos you been coming out with, so much information for a beginner like me!

-Giang Nguyen

[playapnoyx]

Wait.. we don't have that in the Bay Area. That must be a Seattle thing. If we add an ADU and a DADU, then our price per square foot goes down and it will be treated more like an apartment. Also, the ARV isn't calculated for each unit, it's calculated for the whole property.

[fredcharles]

Got home paid off, auto paid off, gold, silver, crypto (on cold wallet storage), credit cards paid off, cash for emergencies, solar backup supply
food, water, and most of all, Jesus ..and many priests on the batline. Investment is the key. Thank you Mrs Sophia . Peace be with you, your family and your cute investment, Nugget.

[jonnyhash]

I’m about to receive a pretty big settlement - and I honestly want to retire from my day job and become a multi property homeowner. I have a background in construction, but no knowledge in reality, I know I should start with just one property but I’ll have the resources to do more, I am a father and I don’t want my son to grow up the way I did, what route would you take to 10x this settlement

[natusfreedom]

Your primary ‘s value was $800k with the land, so I would think the adu /detach dwelling would be worth 500k each .. I would think . I mean if u can get 800k in each addition.. god bless u

[Tonnyy]

Excellent post Thach! Your Big Event this week was 🔥🔥🔥I appreciate you Bro! 😎

[burgerburglar]

How do you determine the Monthly Rent Value from the ARV?