![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1073627/small_1696261491-avatar-josel93.jpg?twic=v1/output=image&v=2)
28 September 2018 | 10 replies
It's for max 2 units and up to 50K in repairs from what I understand. 203K will allow up to 4 units, but there is a down payment component of 3.5%.Thanks for your service.Stephanie
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/453474/small_1621477330-avatar-teamadden1982.jpg?twic=v1/output=image&v=2)
19 September 2018 | 29 replies
The pump that is used to circulate the hot water through the system is the component that typically needs the most regular maintenance.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/875685/small_1621504805-avatar-lext.jpg?twic=v1/output=image&v=2)
20 September 2018 | 11 replies
We had some unexpected issues pop up during the rehab that cost us money.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1104429/small_1621508942-avatar-darrenn9.jpg?twic=v1/output=image&v=2)
29 September 2018 | 12 replies
But, I see no reason not to take the book with you too, and use it as a guide so you don't forget anything...BP will be releasing the Second Edition of the book in a few months, and I've included a section on "Inspection Tips" for each of the 25 components.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/809115/small_1621498152-avatar-pauld139.jpg?twic=v1/output=image&v=2)
18 September 2018 | 10 replies
On a side note just to add some perspective - there's a decent chance you're going to run into 10k in unexpected costs within the first couple years of ownership, and that's part of the business.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1160733/small_1621509733-avatar-joshc198.jpg?twic=v1/output=image&v=2)
21 September 2018 | 14 replies
I don’t think that this would be feasible due to the value add or forced appreciation component of the BRRRR strategy through rehab being missing in the standard turnkey model.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/880100/small_1621504882-avatar-adams265.jpg?twic=v1/output=image&v=2)
24 September 2018 | 8 replies
Buying your own commercial property that has a value-add component is also another good strategy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1159083/small_1621509717-avatar-stianb1.jpg?twic=v1/output=image&v=2)
25 September 2018 | 8 replies
Conventional lenders won't / can't lend if there is a seller carried component to a transaction...you'd have to look to private money...or avoid the bank altogether...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/605098/small_1621493626-avatar-melonied.jpg?twic=v1/output=image&v=2)
2 October 2018 | 94 replies
Many investors waive the inspection contingency, but keep the financing contingency, which is flexible enough to get out of the contract in case something unexpected is discovered.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/188956/small_1621432009-avatar-jnarom.jpg?twic=v1/output=image&v=2)
20 September 2018 | 4 replies
Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.You can borrow up to $50k from the plan; IRAs do not allow for participant loansThere is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)