As a lender who specializes in financing for real estate investors, I understand the unique needs of the BRRRR strategy and can offer tailored solutions to fit your goals.Here’s how I can support you:Flexible Financing Options: Various loan products designed specifically for investors like you, allowing for quick access to funds for purchases and renovations without the stringent requirements of traditional lenders.Experience with BRRRR: Having worked with many investors using the BRRRR method, I can guide you through the financing process, ensuring you understand the best strategies for maximizing your returns.Quick Turnaround: With a streamlined application process and quick approvals, you can move fast when you find the right property.Personalized Support: I’m committed to building strong relationships with my clients.

Let’s connect and support each other on this exciting venture.

It's well worth the price in my opinion.If you have specific product questions their support rocks and I'd recommend their Discord community.

However, I realize I need to focus on cultivating more investor relationships that would support such opportunities, as the ones I currently work with prefer to operate independently.If you don’t mind sharing, how did you go about building your partnerships and establishing those key relationships?

I’m a longtime investor and Realtor from the DC metro area as well-  BP is a terrific resource to help you grow both your investment portfolio and better support your investor clients!

Is there any supporting documentation that I could have the current renters fill out prior to purchasing the property?

This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?

I know Kilington and Stowe are strong but I thought being a little closer to major metros might help and the info I'm finding seems to support.

As for audits, the IRS may scrutinize high-income taxpayers claiming REPS, so detailed time logs and supporting documentation for material participation are crucial.

You might find it is overall better to do a MTR if the area can support it.Being on VRBO is a must if you keep it a STR.