Alternatively you can do the LOC (line of credit) on it so you can retain the home but are definitely subject to today's current rate environment.

There are a lot of options out there, but the rates are excruciating right now for new flippers.

The higher interest rates make it that much harder. 

However, since market shift / rate increase even these guys have slowed down quite a bit.Regarding regulation, I think eventually Indy will have to regulate against Short Term Rentals.

The only person getting rich was my loan broker.Then, I dropped my broker and switched to dealing directly with Chase Bank.

I do not see that home prices have dropped 2-3% and this is a lot of added savings in additional to a downpayment if so. 

If rates drop in the future, refinancing again could lower your payment, but it’s good to make sure the numbers work now just in case.

Quote from @Chris Seveney: Quote from @Keith Wilson: Any feed back is welcome  Have not taken the course but BRRR is basically dead right now due to interest rate environment - so if you take it I am not sure you can implement any training you learn at this time.  

It earns more risk-free in money markets than your mortgage rate probably. 

Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.72%30-year VA rate today is 6.15%——————————————————————————————————💰 Median Sales Price:Sept: $490,000Oct: $485,000Nov: $484,995——————————————————————————————————📈 New Listings:Sept: 1,910Oct: 1,959Nov: 1,481——————————————————————————————————📅 Median Days on Market Until Sale:Sept: 20Oct: 22Nov: 24——————————————————————————————————📦 Months Supply of Inventory:Sept: 3.3Oct: 3.3Nov: 3.0🤔 What does "Months Supply of Inventory" mean?