Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Full disclosure: I'm one of the owners of JWB Real Estate Capital.

By partnering with Billy Medlen, we provided the necessary capital to purchase the property and fund $47,000 in renovations.

That means either you won't cash flow or your Return on Equity (ROE) will be terrible.Since this is your primary residence you'll be exempted from paying capital gains taxes when you sell.If you sell to your parents, it will be considered a non-arms length transaction and will get closer scrutiny.

Wages will also go up, and we will see a better labor/capital balance as we negotiate end-stage capitalism.  

The capital invested in this project is not as simple as the template BP gave me so I'll explain a little bit more here:This is a 1031 exchange build to suit.

House hacking and the BRRRR method are great for stretching capital efficiently.

The other thing is that if the house is really appreciating rapidly, if you lived there 2 years and sell within 5 you get to keep 250k of the capital gains, which probably makes better sense than keeping long term as a rental. 

. - If you rent it two more years you lose the homeowner capital gains exemption. 

The BRRRR method and house flipping are both fantastic strategies, especially if you're resourceful and willing to put in the work.If you’re working with limited capital, partnering with others or exploring creative financing options like private money lenders or seller financing might be worth considering.