Mortgage notes at 12% with no headaches are the way to go.

Website shows up as not protected domain - and no longer in existence that should say enough 

So there's no point in having an out of state LLC in that scenario.I would imagine other states have similar laws, but I do not know for sure.

If your market won’t appreciate you obviously need way more than the 5% you can get in the bank with no risk.

No @Jay Hinrichs.

In the unfortunate event someone passes away and the property transfers via probate or a will, that fair market price gets "stepped up" so no taxes are paid.I would check with a CPA, but this is my understanding.

We have an existing mortgage (backed by these 2 lots and 2 others) and given the increase in appraised value there is no need to pay anything back to the lender when selling the lot.

No eviction in the past 2 years. - Minimum work history: 1 year (please provide references and pay stubs for the past 3 months; if self-employed we can discuss alternatives to paystubs)

@Cosmo DePintoYou've received several responses and pieces of advice, but no one has directly answered your question (until now):-Has anyone had an any recent success using BRRRR in Huntsville? 

I have about $300k in equity (based on a BPO performed in July 2023) but no cash.