The market these days requires short due diligence periods and large amounts of earnest money to tie deals up. 

Instead of leaving equity tied up in the property, you can refinance and put that money to work on your next investment.Advantages:Leverage: You’re using borrowed money to increase your purchasing power.Long-term Wealth: By holding rental properties, you benefit from appreciation, passive income, and tax advantages.Scalability: The ability to keep reinvesting capital makes it easier to scale compared to traditional buy-and-hold methods.Is BRRR Right for You?

Never done it either, we've been approached to lend by some investors looking to do it.The risk of insurances rates skyrocketing or simply being cut off makes it extremely difficult.You also have to consider rental demand.

Not only did it cut his living expenses drastically (and the triplex appreciated $843K over those 10 years, not bad on a $20,000 down payment even though that was a fair amount of money back then), but one of his tenants eventually became a business partner on his next investment.

Gets deeper from there, but that's the high-level.My goals included being work-optional well before the traditional retirement ages tied to retirement accounts, so therefore the places I put my money needed to afford more flexibility. 

The end of the year statement the bookkeeper prepared for my taxes this year cut my accountant’s time in half compared to what I had been providing him.

Therefore, if the housing market has stagnated or the rental market is in decline, it may be wise to cut your losses and sell the property.

Cutting back vegetation etc.The home probably got more deferred maintenance, water damage evident even in this video.

One of the main challenges is that I can only afford to put 5% down, which would leave me tied to this property’s expenses for the foreseeable future, making it harder to pursue other investments.All of this said, I’m really struggling to stay positive about investing right now.

I’ll cut to the bottom line.