BRRRR last R?

[Thomas B.]

Ok, so I guess I have the general concept of this strategy. Basically, it goes like this: ARV-100k. (Gathered from comps) Buy-50k Rehab-25k Rent-2k Refinance-75k(pulls all my money out) Repeat- use that money to do it again, so I basically never spend my cash, just use it. My question is, how many times can I do this? How do I do this inside of an LLC or other entity. My father has been in business a long time and always recommends not to have anything in my own name. I have my own capital, but is it really this simple? Seems to Me I would have to place these properties in my own name to refi and that doesn't give me any asset protection. Furthermore, if I did go this route and put things in my own name, it seems I would run out of loans around 4.