This is an ongoing situation and I’m hopeful that with RTR’s help, this story has a positive ending.TLDR:Property not performing as advertised.

A duplex could be a great compromise that lets you start small, build equity, and learn the ropes while mitigating some of the financial risks.

If I were in your position, I would buy a duplex that has potential for value add, fix it up, live in one unit and rent out the other unit as a medium term rental or long term rental.

You never know how much is LP equity, how much is GP equity (paid up vs sales incentive).

I have had investors pull equity from their homes in the phoenix area to buy cash flowing properties in Fayetteville and similar areas, because the price growth in the phoenix area generates amazing returns.It depends on if you want cashflow now or delayed gratification later.

Always evaluate the numbers before proceeding to ensure the property will produce positive cash flow long-term.

-Allows you to pull equity from the property to fund the rehab without stretching your finances.If you'd like, I can walk you through the details and answer any questions to see if it makes sense for your situation.

Many hard money lenders offer loans that include rehab costs, which could be beneficial for your BRRRR strategy.Alternatively, if you find a lender that offers a DSCR loan with a lower down payment requirement, that could be another route to explore, especially if you already have positive rental income history.

For context, I am working on a passive investing platform with no cash-flow and emphasis on equity growth.

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