It’s all BS.If AI truly worked, there’d be no need for DMM, D4$, cold calling, or any of these other methods.

Many would suggest against RE investing using retirement money but if you go into low risk opportunities it can be a powerful diversification method.

My answer, yes I currently am buying a $165,000 property in Phoenix (not listed on the MLS) using one of my methods to find, using only $5,871 plus closing costs of my money.

@Hank Bank BRRRR is probably want you want to do.Buy, Renovate, Rent, Refi, Repeat.Before you go all in and either find out you don't like being a landlord or you make costly mistakes, start with just the next one.You'll have some challenges with tapping the equity in the townhouse:1) What loan amount can you qualify with your credit & income?

How about opportunity cost?

Also, it often helps to connect with a local agent/do extensive due diligence on renovated/new construction properties to see what the property may sell for or appraise for (if doing BRRRR method) as that can impact the price you should pay.

Bonus points if they’re used to working with investors or can help keep costs in check while maintaining quality.Cheers,Kevin I would say this about BRRRRR, especially as a newer investor. 

This depends on if you are using the Cash or Accrual method of accounting for tax purposes.

So, they make honest mistakes that can still cost you thousands of dollars.- If you try to hire contractor directly, you have about a 90%+ chance of getting taken advantage of.

While the borrowing costs are higher, I’m exploring strategies where the returns could offset this.