so: buy a house. 

For example, we replace marginal roofs, rip out all the old galvanized plumbing because it saves me a lot over the long run.

I was talking to a RE friend.He said it's a bad time to buy* rates are high* homes are expensive in most marketsLooking to hear some counterpoints. 

Why not just buy your own mobile home park and let everyone live for free? 

you also need to source the property, and for BRRRR you need a goldilocks property - something that is distressed enough that you can buy substantially below market, but not so distressed that it's not worth fixing up.hope this helps - happy to help further

For wholesalers: How are you adapting to buyer preferences or creating irresistible deals despite tighter margins?

We purchased this buy and hold historic duplex which faces William Land Park in Sacramento.

Ideally a HELOC is used for less then a  year project where you can refi or sell to pay back the HELOC. 5 years is a long time, things can happen and if you reduce the cashflow on both properties you'll be increasing the risk and having thinner margins.

Just buying a home, rehabbing it, and selling it isn't as straightforward as it seems.

As a broker, I "buy" a mortgage at a discount from a direct wholesale lender, then mark it up and "sell" it to my client to make a profit.