The next step is to take action—start analyzing deals, networking with local investors, and narrowing down your target market.

The rate might be .5% higher for the 30 year, but looking at it financially what if you took that $187/mo and invested it into the stock market at 7-9% returns? 

You need the backup option in case the mid-term rental market changes.Minimizing turn costs and downtime is critical.

I have a friend/neighbor that wants to sell me his house below market value so he can move back into an apartment and travel.

In some areas, we board up the 1st floor windows until we are about to start marketing the property.

Memphis has been an amazing market for BRRRR due to its affordable property prices, strong rental demand, and solid cash flow potential.Would love to hop on a call and go over your questions—let me know when you’re available!

With a good chance of a recession coming, have cash available to take advantage of the best deals to hit the market in years. 

@Nichole StohlerI find using a SDIRA to be a great tool for passive investments and growing your retirement with less stress than the stock market roller coaster. 

So, many people choose to operate in their own personal name but buy an additional umbrella policy to protect themselves from liability.

@Ellis Moyewe really don't know a lot about this situation since there aren't many details in your post... but i don't think this makes any sense for anyone involved here...if it's a flip that's not selling, refinancing may not solve your problem and allow you to pay back the HML in fulland typically a sub to buyer wants a low interest rate... and if you refinance now you won't be getting a low interest rate, you'll just be getting whatever the market offers.and finally.... the vast majority of loans are NOT assumable.