Purchase price: $1,550,000 Cash invested: $1,650,000 Sale price: $4,350,000 This project started as a 1,793 sq. ft. single-family home that we completely tore down and rebuilt into a modern 4,441 sq. ft. residence.

I’d be happy to refer you to someone who specializes in this — they can walk you through the numbers in a way that makes sense and help you understand the key drivers behind a solid BRRRR deal.In my own real estate projects — both in Columbus, Ohio, and Miami, Florida — we underwrite every deal carefully and often hire professionals to ensure our numbers are accurate.

Also, my worst performing project the past few years was a center city ground up project.

Keep us posted on how it goes. 

SB-684 streamlines the approval process for small housing projects in San Diego, even in high-risk CEQA zones.

What I get leery about is knowing a project is a full rehab but the walls aren't open. 

It has been my life's mission to build my own duplex, house hack it & use it to catalyze the BRRR cycle.As I get closer to breaking ground on the project, I'm still not 100% confident in it's feasibility due to the costs of land & construction considering it is mandatory to secure an appraisal 20% above build & land cost. 

He’s a good friend and willing to support my home build project for a flat interest rate.

Normally I try to never sell a house if possible to keep growing, but you are pretty light on cash flow. 

First year projection was 2-4%.