(https://learn.lofty.ai/en/articles/7025226-sell-equity-in-yo...)I understand I can also sell and do a 1031 - I've successfully done that once, and failed a second time (could not win an offer and ran out of time - had to pay a ton of capital gains tax). 

Antonia Noori Farzan recently wrote a wonderful article in the Providence Journal about rooming houses.

Hey Lucas - Check out this article that goes over how DSCR loans play into BRRRRS.

Check out this article from the Albuquerque journal which highlights Las Cruces as rated one of the best cities in the US for flipping.

As you're getting started, it's VERY easy to read an article on one thing, then see another strategy or market and get sucked in to a never ending cycle of shining object syndrome.Here are a few recommendations for getting started:1.

Once fully satisfied, the split becomes 50/50.When accessing this deal, here’s what went through my mind:A PMP would have to be okay with holding their funds long-termThe borrower would need to be experienced with doing wraps, as it takes time to get willing and able buyerThe borrower would need experience in pivoting to a different exit strategy should they fail to successfully execute a wrapWith NO EQUITY on the property originally, and the PMP being in second position, the borrower would likely need to cross-collateralize if the PMP has NO INTEREST in taking over the propertyMy conclusion, from looking at this from a thoroughly analytical standpoint, would be only someone who has a moderate to high risk tolerance and cares about cash flow without pulling out and parking their money into numerous deals would likely lend on this.Anyways, thoughts anyone?

Neat article on the Detroit Land Bank Auctions for 2024.   

This resulted in people bringing me deals in the market, helping numerous other buyers invest in the area, and grow an extensive rolodex of team members.

In my previous role, I encountered numerous instances of real estate fraud, which opened my eyes to the importance of legitimacy and trust in this industry.After months of studying the markets and educating ourselves on the BRRRR method, we are thrilled to have potentially found our first deal, along with other promising prospects.

Search the BP for ADU appraisals to encounter numerous examples.