With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

Check fees are $10**** When buying physical real estate, you must have a 10% cushion of the purchase price**We waive the first 6 transaction review fees for the life of the account.*** The first 12 incoming checks are free each year.

When you build enough capital/assets/net worth to afford a reasonable monthly cushion you can see if the lifestyle of a full time investor is something you’d want to pursue.  

When I wanted to invest in real estate, she had no interest but was on board because of the trust and financial cushion that I banked over time.She also had veto power.

First, I’m not really seeing enough cushion in certain popular areas for investors to realistically hit a 30% profit margin.

So if you found examples of houses that sold for 20% below what you paid, they might lower your taxable value by 5% after taking that 15% cushion they give you into account.  

I’d recommend waiting till you have a cushion of some sort depending on your comfort level before you take the plunge and buy the second deal.

You still need to have a minimum cushion into your bank and/or savings account for these situations.As I wrote earlier, velocity banking is a system that can be helpful for people who don't know how to manage their money and are prone to overspend.

I made sure to have at least a year cushion before fully committing to it.

It’s also helpful to build a small network of trusted vendors and tradespeople you can rely on for future projects.The BRRRR strategy can be a great way to scale, but I’d advise budgeting some extra cushion for unexpected costs or delays—it’s almost inevitable.