10% in a month?

Over time, as you gain more experience and capital, you can consider expanding into multifamily properties once you've built up a solid foundation in real estate investing. 

If a bank does this, they have no flexibility in their lending and must meet Fannie Mae's and Freddie Mac's requirements in each loan.

What made you interested in investing in this type of deal?

Since I have been using Padsplit for my first 3 investment properties I don't have the skills built yet for marketing or rent collection. 

Several chip factories getting built. 

I an afford to sit on this property as its in the Yosemite AirBnb hot spot and don't need to do anything right away as its in a killer location.

In my analysis the cost for an ADU in kern county would run about $85K and I have saved about 75% of that right now.  

While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.

(should have documented, dates may not be exact) What made you interested in investing in this type of deal?