Poke holes in my plan-SOFI purchase BRRR

[Rigo V.]

I was looking at my plans and hoping to scale as quickly and obviously safely as possible.

I started thinking about possibly purchasing a property with a 100K sofi personal loan and doing the brrr process. I have the cash in reserves to pay the monthly payments while I wait to season the property.

After the refi I would obviously pay them them off (no prepayment penalty), recoup my monthly payments and repeat if I find another good deal. 

The rental income (75%) should offset the debt and given that I have pretty low debt, the dti ratio should not be an issue.

Anyone see any holes in my idea?