We have $300K to invest and based on the figures the funds could be recycled into upwards to 13 properties in a perfect world.Initial PurchasePurchase Price$200,000.00Downpayment 20%$40,000.00Mortgage Int Rate3.75Taxes$3,000.00Insurance$700.00Mortgage (PreRefi)$1,050.00Rehab BudgetKitchen Appliances$4,000.00Paint Walls, Trim, Doors$3,500.00Kitchen Countertops$2,500.00Flooring$3,000.00Landscaping$1,000.00Basement Finishes/Unexpected Projects$4,000.00General Electrical/Maintenance$2,000.00Mortgage Holdover 1.5 Months$1,525.00Utility Holdover 3 Months$1,000.00Rental Certification$200.00Contractor/Marketing Fee$5,000.00Total$27,725.0080% Loan to Value Cash Out RefinancePurchase Appraisal$200,000.00Post Rehab Appraisal$250,000.00Refinance Cost$2,000.0020% Cash Out$50,000.00Refinance Mortgage$1,250.00Initial Investment (Downpayment & Mortgage)$67,725.00Remaining Investment in Property$17,725.00Equity in Property$50,000.00Year 1 ReturnMortgage$1,250.00Rent$1,750.00Management Fee 10%$175.00Monthly Cashflow$325.00Yearly Cashflow$3,900.00Cash on Cash Return22%Year 5 ReturnTotal Cashflow$19,500.00Vacancy (Average 2 Year Lease w/ 3 Week Vacancy)$3,125.00Maintenance & Cap X 7.5%$6,300.00Cash Profit Estimate$10,075.00Loan Balance$180,154.00Property Value w/ a Yearly Appraisal Increase 2.5%$282,852.00Equity (Loan Balance - Appraisal)$102,698.00

Less of a big deal if you plan to hold for 15 years when they can be taken off and thrown away or recycled. 

Books have their time and place, but at a certian point a lot of the material is reused and recycled through.

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.

Avoiding the capital gains and effectively recycling the HELOC. 

As it stands right now I am cash flowing pretty strongly for a single family but I left about $15-$20k in the deal.I like the idea of the BRRRR as it seems to be the most efficient way to invest in real estate as you can theoretically keep recycling the same money, where-as traditional, % down, purchases lock up your money in which case you will eventually run out of money to invest with if you follow the math to it's logical conclusion.

RE cycles are roughly 10 years to full circle so we are over due for correction.

We started with just our primary home and a HELOC on it in 2019 and now have a 7-home portfolio thanks to your strategy's allowing us to recycle our money rapidly. 

Especially since relocating due to work would be a way to reinstate and recycle my VA loan.Thank you very much!

For those who haven't seen it, I posted probably a year or so ago about my first deal (a 2-unit in Allentown I purchased with 25% down), and in that post I said moving forward I was looking to BRRRR and recycle capital rather than saving up 25% down each time I bought a property.