Hi All,
I have 10 SFH rentals, all using the BRRR method, so I have good equity in each. I've flipped five homes in the last 18 months and three additional wholesales (wholetail, actually). My goal is to have a passive income from the rentals to replace my current salary.
Just to get some insight from some other investors, how are you usually approaching your business if you're employing each of these modes (wholesaling, flipping and holding)? Are you wholesaling and flipping and taking your cash proceeds and putting that in a fully-owned rental (no mortgage)? Do you approach each deal with the idea if there is a lot of room between your purchase price and ARV, wholesale it, but if you're closer to 70% ARV, flip it and higher still, buy and rent it?
