Hi BPs,
I bought my primary res in Nov 2010 for $125k, I came to closing with  $31,744.99. Zillow says it's value is around 200k. I still owe $83k with mtg of 480$. No escrow.

I moved into my now husband's propert...

However, I've also read that they can be value by the income they produce through the gross rent multiplier (GRM) method. 

Just another idea but I believe the house hacking method may be a better alternative if the family is all on board with it. 

And you just discovered one reason some people use the auction method to sell property.

This would also be the preferred method if they paid less than $200k for the property as all those gains are tax free now but will be taxable after 2 years as a rental. 

As a newer investor, you can take the proceeds of your NOI to reinvest, and continue to grow your operations.But.....If this was the only method there would be no successful RE investors in Los Angeles, San Francisco and New York; which obviously isn't true.

This method can work with experienced investors, whom have capital to tie up for long periods of time.4.

Is the BRRRR method applicable?

They have a strong deterrent effect partially because there aren't many good legal methods that work reliably enough for attorneys to come after assets secured in these structures.

Hey BP, This may be an amateur question, but im going to ask it anyway. I was sent a deal that consists of 3 doors (duplex and a mobile home)  fully rented that will seem to cash flow after the appropriate reserves ar...