A purchase you made in 2020 or 2022 would not really be thought of as a BRRRR because I'm guessing those units have been rented since then and were not just sitting vacant with you paying on those mortgages.

I joined after reading 5-6 of the BP authored books and I've loved growing my understanding of the world of real estate investing.I made my first investment this summer and my family is partnering to make a few investments in the next year.

That reality be made to conform to them. 

A friend of mine started this way, and it made his transition to full-time business ownership much smoother.Document EverythingKeep meticulous records of all transfers between your business and personal accounts.

In a last ditch effort I sold my personal home and made about $200k from the equity. 

Now this can be done in Urban areas as well.. those in the Know can find these hidden lots and there is some big money to be made at this.

I'm making up numbers, but if he bought the house for $200K and it is now worth $500K, he's made $300K. 

I see the original post was made almost 3 years ago, so I’m definitely curious how your perspective might have evolved given the market’s ups and downs since then.

Best part is NJ is not what its made out to be in terms of landlord friendly, the state gets portrayed as the entire state being bad when really most wacky laws are in the major cities and they apply to 5 units or more.  2-4 unit multi families fly below radar per say. 

It's a one time free filing made to the FINCEN.