I just cant find a solid Contractor (I can trust).2) Paying cash- The average house in my Market in North Carolina(Raleigh/ Charlotte)….for BRRR is 90-180k..that is a scary amount of money to pay up front.3) Comps/ Refinance-  This whole strategy rides on the hopes that the bank will Refie your project for more then you invested...   

If I put down 20% on the condo I would be able to ride out any financial storms that comes my way but, in putting 20% down I would eat up a lot my investment capital and have to start saving money again for my next purchase.

@Taylor Silker  the way I look at it there is no riding the fence.

Thank You and happy holidays  My man I suspect you are going to be in for a rough rough ride.

However, if they have millions of dollars in cash to ride the storm then in their mind they may not be over-leveraged.

And to what you said Bill, I advise everyone START with best quality PM they can find, and then LEARN, adopt, get things down where they can self-operate, ride that coat tail.

People with fixed rate / longer duration debt were able to ride out the market turbulence.John

If caught in the act, you can serve them with notice which may be enough to discourage the actions moving forward, however if they want to take you up on that and ride it out, it won't be done before the lease is up. 

That being said, stay the course and someone will come along for the ride.

They could either take you for a ride price wise OR they could under bid the project up front and you get slapped with higher costs than you were expecting.