While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.

Hey Eli, Great question on the 6% and it does play a factor into the cash flow.

Shout out to permit professionals like Roy Hasson (just a friend in LA specializing in navigating permit process - this is not a business play we do not work together), who are dedicated to helping others and will likely develop similar resources to support their communities through the rebuilding process.If you’re working on rebuilding efforts or have questions, feel free to connect with me—I’d love to collaborate.

Yes we tried everything, and Yes I know now that wasn't the best play haha. 

There are to many variables in play.  

Plus I just hit “Mark as played.”

That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you. 

It's a forced equity and appreciation play with the benefit of personal use and the hope that 100% bonus depreciation comes back.

In the future you could add in penalties for being late and possibly a bonus for being early.

Watching and playing an active role in the transition from primarily 2nd liens to 1st and 2nd liens, laid the foundation for me partnering with GSP REI.