Hey BP community,I am considering investing in a real estate developer using the Build, Refinance, Rent & Repeat (BRRR 2.0) strategy.

Looking to build an ADU on my property, considering buying a prefab or having a contractor building it.

I am building ground up so any contractors that do framing, plumbing, electrical, roofing, etc.

It has been my life's mission to build my own duplex, house hack it & use it to catalyze the BRRR cycle.As I get closer to breaking ground on the project, I'm still not 100% confident in it's feasibility due to the costs of land & construction considering it is mandatory to secure an appraisal 20% above build & land cost. 

I'm not sure what your specific market is but especially on a new build their is some kind of TIA budgeted by the ownership.wast that negotiated as part of your lease by your tenant rep? 

For 2025 I will be taking a leave from my fulltime W2 work start 1st July for rest of the year.

If you can get to 20%, you start to see small interest rate reductions. 

How did these builds go?

I am exploring the possibility of purchasing an off market plot of land, building a modular home, and then selling it.

House hacking by purchasing a duplex, triplex, or single-family home with extra rooms can help you reduce or eliminate housing costs while building equity.