BRRRR looking for the best strategy for leverage buy & hold

[Robert Collins]

I have a question, that I think some of you may be able to help with, ok I was looking for homes I could purchase around the 40-60k Arena and I went to put in a offer on a home that was $50k , but in my mind I was looking to finance, put 20% down put in about $12k in cosmetics repairs , but I was informed that it's hard to get a loan under 50k, which I do have the money to pay cash but I necessarily didn't want to tie up the money, I was like I rather buy a 100k home and put 20k which will still give me a better leverage angle but then someone told me i could buy a home 40 cash Put the money in for repairs let say it's 20k which would be all in For 60 and get it appraised, let's say the appraisal is 95k , you can go and get it refinance and pull the cash out and go do it again on another property, only thing is, if the property is in a LLC it harder to get banks to refinance, I might have to go to a private lender ( assets based lender) and get them to refi . Does anybody else find this to be true or have any tips, pros/cons ?