You are trying to take a short cut to make it convienient for you.

Estate is trying to sell and did not want to do a deed in lieu because the executor promised “the girlfriend” a 2% commissionWhen I mentioned this to an agent we were talking with to list it for us once we get it back he laughed and said “which one” he had two girlfriends one an agent one not an agent - so the one who is not an agent living in the property wants 2% when property is sold and tying up the deal…

BRRRR is a great way to build your net worth, but it is going to tie up a lot of your cash and the pay off is more equity than income/cash flow to pay for daily expenses.

We did a commercial loan, 20% down (10% down each)-I leveraged my partner's relationship with his commercial lenders to establish a baseline of credibility for myself and cut my teeth doing my first deal.

I suspect you are going to have to cut your profit expectations significantly.Good luck

The FED Should start cutting rates Soon, out of choice or out of necessity.

I would love to stay here with either a lease-to-own-option, or, to get a big cut off of my rent as a property manager for the building, since I am a licensed real estate agent. 

Generally a tax lien foreclosure wipe out any mortgages or judgements tied to the property.

IF my income got cut in half, the first thing I would do is cut my expenses by a whole bunch.

Two weeks before we were notified about cutting off distributions he gave us a pitch to donate to his Hawaii relief fund.