The BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) can help scale faster.

My initial thought is to do a HELOC loan and pull out enough to do a flip and then rinse and repeat with the profit from that.

For the bathroom renovation, if it is simply restored as repairing the bathroom, expense the $11,000 as a repair for 2023 (this will affect your DTI).

The only items affecting capital gains are basis and expenses of sale. 

Strategies include starting with SFHs, waiting for the right property, using the Buy, Rehab, Rent, Refinance, Repeat strategy, and exploring conversion opportunities.

There was so much good stuff in this presentation, I will be reviewing the slides repeatedly.5.

@Teahjsia FrazierTo build a portfolio and replace monthly income, consider strategies like leveraging your current home with a Home Equity Line of Credit (HELOC), using FHA loans for low down payment, renting out your current home, using creative financing options like seller financing, private money lenders, or partnerships, building cash flow with smaller deals first, using the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat), minimizing expenses and maximizing savings, and continuously educating yourself through books, podcasts, and networking groups.

This typically doesn't affect the overall cost much.

And it didn't take long for the hefty fines to start rolling in, including several high-profile cases in sectors beyond tech and retail, which have put other industries on notice.But how does this affect real estate?

I'm sure others in the affected areas were focused on more serious problems as well.Just a thought.