In effect, you will end up paying tax on your refi cash later on, when you sell the property.

Any specific suggestions on how to tone down on a budget but still be effective?   

I would love to hear about your strategies of which you all used to effectively scale.

Rehab Scope:Cosmetic remodel: Painted the interior/exterior, updated the kitchen cabinets and countertops, and installed new flooring.Modernized fixtures: Replaced light fixtures, outlets, and switches throughout.Enhanced curb appeal: Painted the brick exterior, added landscaping, and modern black accents.Timeline: Completed the rehab in just 4 weeks to minimize holding costs.Strategic Upgrades: Focused on cost-effective improvements like vinyl flooring and fresh paint, wh What was the outcome?

The issue with watering your foundation is that you have to do it always, every year without a break in order to achieve the desired effect.

New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. 

Our clients have used 1031 exchanges very effectively when they have a property that turns out to not be the right fit for them.

If you do the math, since your borrower is paying interest on interest, it raises your effective interest rate by about a point.

It's a very simple and effective tool that you can use when evaluating rehabs, whether you're looking to flip or BRRRR. 

In effect, earnest money is just paying more of the down payment and closing costs upfront.”Keep in mind, this isn’t required, and it doesn’t guarantee your offer will be accepted.