Including renting out a bedroom, that would expose you to 3 methods of rental, with learning made easier because you are right there.

This could help secure funding and expertise in building and managing affordable housing.4.Explore alternative construction methods: As you mentioned, modular homes could be a cost-effective option for building additional units on the property.

Look into his stuff to learn more about creative finance methods but be mindful about spending thousands on a course. 

I know there are other creative financing methods out there.

Reading books that people recommend (and there will be tons) is always a great method of learning and establishing mindset.

Determine the preferred method of payment and communicate it clearly to the tenant.6.

This method typically leverages a promissory note, the person lends you money to put toward the down payment, common interest rates for this method are around 10 or 11%, you make interest only payments over 24-30 months and then pay them back in full afterwards. 

All of these things are great methods of getting into real estate investment, but they are complex and have a lot of ups/downs.

Hi, I’m a “newer” investor that has some doors across Memphis and Detroit using the BRRRR method.

Is there anyone who has tapped in the equity using HELOC, or any other form of lending to use the BRRR method ?