However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.

I did it a few times and used Section 8 as part of my strategy.

I’m a broker based in Charlotte, NC, and I work with Compass to support investors in maximizing their growth strategies.

Are there any strategies you’ve used to stand out in the market?

Instead of buying four $150k houses per year, try to get one $400-600k property (SFH or small multifamily) and get creative with higher effort strategies to cash flow in year 1 and 2. 

Hi @Ramsey Doumani,Your strategy is more than possible, self management with the team you already have in place should be a breeze.

Hi, We're looking to invest in properties in Detroit preferably with the BRRRR strategy. 

I agree with the house hacking strategy.

My strategy would be to target properties which are most likely of the owner NOT redeeming.

Can you dig into a little more on the novation, why did the seller pick that strategy say over a cash offer?