What I did find is that as a builder in eastern tennessee, I could build STR cabins for less than 70% LTV so that I could effectively BRRR my way into growth without coming out of pocket for a down payment.Now it does take a lot more cash to do because as a builder I have to front a lot of money at times (land, permits, each stage of construction while I'm waiting on the draw). 

Next, arrange a site walkthrough to pinpoint any additional needs or potential challenges.

Hi Randee: Due diligence is important at every stage of the transaction.

Therefore, I prioritize pre-screening applicants to ensure they meet the qualifications before arranging a showing. 

When you are in the acquisition stage, using leverage helps you build a portfolio.

That’d be my next move-they can tailor advice based on your portfolio and Vermont's specific laws.By the way, if anyone here has experience juggling multiple LLCs at the 5-10 door stage, how have you handled the balance between liability protection and administrative overhead?

The 70% rule is reserved for talking points by the guy on stage talking to an audience who they’re trying to sell a coaching program to   It’s a get excited number not a do a deal number   The equation is: maximum of 65% of AS IS value.  

For example, we might arrange a shorter penalty period or reduced fees if you expect to exit the property within a specific timeframe.Ultimately, the key is aligning your financing terms with your exit strategy.

This is a great space to connect with others working on similar projects and to pick up useful tips for each stage of construction.

It's in the very beginning stages (still talking to the arquitect/engineer firm.