If you are interested in hearing more about how FlipSystem might be able to help you achieve that goal, please feel free to reach out to me directly.

You can potentially find undervalued properties, rehab them efficiently, and achieve good rental income.Decent rents: $1000-$1600 rents provide a strong foundation for positive cash flow after factoring in rehab costs and ongoing expenses.Cons to consider:Market competition: Investigate how many other investors are using BRRRR in Wichita.

Making judgments and gaining important insights from experts with experience in your target market may be achieved through networking.You may confidently evaluate your possible investment and choose the best course of action for your financial objectives by carrying out extensive due diligence and making use of the information and tools at your disposal.

I intend to focus on the BRRRR method primarily, but am open to learning all kinds of other strategies including tax lien deed investing, foreclosure purchasing, and anything else that may help achieve both my short and long term goals.

You still have to do the work and if you will, then spend as many dollars as it takes to reach the level you want to achieve.  

If the credit score is above 740 and the LTV is about 75% you could achieve a rate in the mid to low 7s. 

His style of investing and the things he's accomplished is legendary, and exactly what I hope to be able to do someday.

Hey Seth, If you have a good FICO, Loan Amount is above $250k, and property DSCRs at 1.25, You may achieve a rate at the high 7s at 70LTV on a 30 year fixed loan. 

The pro of this strategy is that you can buy a bigger property with more uunits, and the cons are that it will probably need some updating and turnover of tenants to achieve market rents or higher. 3) STR - Short-term rentals or Airbnb.

That's where I've been gravitating and it's approachable, achievable, and allows the average, Mom & Pop investor to enjoy the fruits of their labor with minimal headache.