Execution is just as important, even if it's just getting started with looking at some deals, analyzing them, or being intentional by networking with other investors.

You throw in hard money and now you're paying to execute this messy, unprofitable investing strategy. 

If done well, it means you can refinance and use that capital for your next investment—helping you move more quickly towards your goal of creating enough cash flow to change your work/life balance.Market Opportunity: Given the current market in some areas, you can still find deals that make sense for BRRRR, though they do take some effort to locate and execute.

Based on my understanding, I could file a small claim but the court will not execute it, which means if the tenant decides not to keep paying rent, I couldn't anything with them even if I won.

People who did it wrong and weren't able to execute.

@Deepak Sukhija - I agree with others that you should talk to a few lenders to get an idea of how much of a down payment you'll need to execute the deal.

There is more things to consider when using this strategy its best to plan ahead and begin the mortgage planning as soon as possible so if a deal comes along you will be ready to execute. 

Sponsor has executed this strategy multiple times, management company specialize in this kind of asset-Does the Asset support the business plan?

.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

Also given the fact that its darn near impossible to get any kind of civil judgement executed and collected on in Portugal.