nice, we've been looking at making one of these in-house, seems like a challenge but if executed well should payoff quickly

They can provide quick access to funds for renovations.2.

Financing provides potential for exponential growth, tax benefits, and diversification but introduces risks like negative cash flow and interest rate fluctuations.Since your goal is to retire quickly, a balanced approach—using some cash for immediate income and financing for long-term growth—might give you the best of both worlds.

I just stumbled on the home today and they already have over asking offers so I wanted to get some quick feedback.

Note that a few months after that date rates started to rise and quickly got to over double what I got on these purchases which would significantly increase the P&i.  

I sometimes use my HELOC or BLOC to buy a property, do some work, rent it out and then get a loan and when the balance jumps up that kicks me back into the high 700s, but it recovers quickly, even before the balance is paid off again.Just google: how to improve my fico.

Unless you are getting a bank loan and are willing to accept higher interest rates and balloon payoffs, buying within an LLC is not a clear-cut decision.An LLC can be created very quickly and should costs under $1K, but you need to know there will be costs and time to maintain that LLC every year.  

Then started it for a second... and said screw it, I'm reselling this without doing the work for some quick cash.

If done well, it means you can refinance and use that capital for your next investment—helping you move more quickly towards your goal of creating enough cash flow to change your work/life balance.Market Opportunity: Given the current market in some areas, you can still find deals that make sense for BRRRR, though they do take some effort to locate and execute.

Some of the best information in connecting with that Architect is their knowledge of the locale and areas which are the easiest to get permits and start work quickly.