To do a 100% BRRR the cap rate has to be lower then interest rate.

I think LLCs are over rated unless you have to hold the property in one for financing like most DSCR lenders will require.

So, you, as an individual, may not get to the same rate that a MASSIVE national builder can...but you can certainly offer credits to the buyers to help buy down the rates. 

These are reported on your Schedule K-1 and taxed at your marginal tax rate.

Hi @Joy McQueary - you can find a breakdown of rental rate increases by state online, and here's where to find a list of the hottest multi-family markets.

We added value by decreasing the offer after the inspection and then after closing we were slowly able to get rents to market rent.

Choosing the wrong 1031 Exchange Qualified Intermediary to administer your 1031 Exchange could be a very expensive mistake due to the Qualified Intermediary's critical fiduciary responsibilities and obligations through out your 1031 Exchange transaction.You may focus all too often on issues such as size of the Qualified Intermediary, 1031 Exchange fees, interest rates paid, turn around times, branch office locations, and the like, when interviewing potential 1031 Exchange Qualified Intermediaries.

Mexico used to be a seasonal destination but the seasonality has been decreasing somewhat over the years so Mexico has been spoilt.

I would potnetially even suggest they pay a big more than value if they are getting that good of a payment/rate.

If you already have a super low rate a cash-out ReFi doesn't help.