Take that and when rates are lower refi into a stable 30yr.

@Jay HinrichsAfter the closing keynote they announced the location of BP2025 and Jay will be happy to hear it is in Las Vegas (he has advocated for Las Vegas at least a few times).I will say I enjoyed the lower attendance of this year compared to Orlando.  

This just shows you what lower class properties can bring to the table.

I do notice that the annualized return generated by BP is usually quite a bit lower given the same inputs.  

That's sort of the catch, the larger the building and the more amenities it has, the more rules you will run into. 2-3 story walk-ups in nice neighborhoods could be a good place to start, lower HOA fees too.  

A lower d class area.

Racine is entrenched with some lower socio-economic issues. 

Running my numbers it gave me a much lower number but I still reached out and I was told that my number can't be worked out.My story continues, I am currently working in a flip that I got for another wholesaler, but first that same deal was with a New Western agent.

After you do 5 of the same upgrade package you might be able to lower that buffer down to 20-30%. 

However, most new investors make a much lower return and could be upside-down for a long time.Cashing out equity to invest presented much less risk when mortgage rates were 3% and properties were producing better returns.For a green investor, borrowing money so you can borrow money is high-risk.