Hi Everyone - I asked my Mortgage Broker in Portugal (CAFIMO) about being able to use the BRRR method in Portugal (specifically calling out that we'd buy in cash, improve the home, and then refinance) and here is the response she provided:If you buy it in cash you don’t need to wait for 2 year to get an home equity loan, however you wont be able to get the same Loan to value for this purpose, usually the bank goes to 50% of the property value only.So it looks like like rather than the 70% LTV that's normal in the US, in PT it's 50%.

Also many flippers are buying now simply for tax write off purposes. 

After joining BiggerPockets Pro and making use of all the tools available, I've decided that Buy and Hold will be my main strategy, specifically with small multi-family homes to start.  

However, I will warn you that these zip codes are not B & C areas, I have been investing in Jax since 2017 and lived there 2020-2023, and these are C and mainly D areas.

Sorry everyone it should say Landlord Lunch instead of Main Meeting.

*disclaimer* i'm not saying you could get those specific terms, its purely for example purposes.

If the property is a personal property used for personal purposes, there is no depreciation since its not a business asset.There may be a chance that you have a home office within the home that is eligible for some write-off but you have to be using the home office towards a business activity.

Having said that, as an LP myself in 30+ deals, and collaborating with many other LP's the main reason myself and others choose to invest in syndication via LLC is the anonymity that could come along with it from outside litigation. 

I would never have filed complaints against him if he had responded to my e-mails.I knew this whole time that Justin and his customer service were on purposely playing games with me since they started answering my e-mails right after I filed my complaints.

Hello I am just getting started in NNN investment, and mainly looking at national brand tenants in Quick Service Restaurants(QSR).