My brother and I are tackling this endeavor together and are looking for guidance and potential partners.

Sure, this isn't the optimal solution for all situations, but I was hoping it could just be an alternative way to fund/make projects happen.Furthermore, I thought this would also be an opportunity for flippers to tackle bigger projects, since the upfront capital costs would be significantly reduced.Hopefully that answers your question and also gives more insight into what I was thinking.

Don't run away from headaches, take an asprin and tackle it.

Add in property management fees, unless you plan on tackling that yourself; however, would still factor it in, as you may change your mind down the road and want to have enough left after paying a PM to cash flow. 

My long term strategy is to continue to pursue properties that fit BRRR until I can build the capital and experience to tackle commercial rentals. 

Seems like a lot of people here are learning a lot from them, so that'll be my next thing to tackle.

We got it tackled.

THE ASK: I'm looking to now tackle a fix and flip or acquire a property to execute the BRRR strategy but I would like to do this under an LLC as I begin to establish a larger portfolio.

Hi @Bryan Pham Thank you for responding, I have big goals, some goals I might have to slow down on and some goals I want to tackle while I am young, I am still learning and just purchased rental property investing.

Holding onto it could be highly profitable after tackling capital expenses and improving the management of the property, but it may also be a good time to cut my losses, sell, and hit reset.BP, what are your thoughts?