Thanks in AdvanceHey Gash, From my experience in purchasing rentals in the Owens Cross Roads area, I'd double check the rents and think about lowering(depending on your strategy).

I’m curious, what’s the most creative or unconventional strategy you’ve used to structure a BRRRR or Fix-and-Flip deal?

@Drew Sygit my strategy for now is to spend the next 6 months or so learning everything I can about real estate markets, properties, underwriting, financing, landlords, property management, construction, legal, insurance, and anything else that comes across my radar, all the while trying to make connections and build relationships within each of these areas to build a network and gain the confidence to sell lenders and investors on the very best deals I can come up with.

I have been investing in Indy since 2017 and your strategy would be the determining factor on location and the type of house you'll buy!

My strategy (at the time) was to aggressively pay down my mortgage, and the recast allowed me to reduce the monthly committed amount.

But after an exchange - sign the purchase documents with one pen and pick up another pen to sign the refi docs :)Another strategy you could consider is reinvesting into multiple properties, where you purchase the first property cash (ensures some security and concentrates the equity) and the second property with a mortgage.

I own 50% of one property and am interested in the BRRRR strategy. 

@Michelle Reid Both LTR and STR strategies are viable and currently producing good results in the current market, which isn't easy to find everywhere else.

That’s why I’m here—to connect, collaborate, and grow with like-minded investors.If you’ve been where I am, or if you’re scaling your portfolio and want to talk strategy, let’s connect.

I personally wouldn't invest in a property that doesn't cash flow.What is your financing strategy?