Point out any flaws you see!

[Jamie O'Connell]

Hello!

I have had many good (in my opinion) ideas but the strict regulations on financing have killed 99% of them. I figured I would lay out my plan here and have the more experienced and professionals maybe point out any issues I might have.

Buying a duplex in cash.

Fixing said duplex up for prob 20k.

Should be worth about 30% more than I put into it between purchasing and rehabbing.

Plan on refinancing through DSCR for 75% loan value (aka getting purchase price, rehab price & closing back out of it)

Rinse and repeat with another project.

Please point out any thing I should be aware of or anything that will make this harder than it sounds. Goal is to get a new property every 2 - 4  months.

Thanks in advance!