nice, we've been looking at making one of these in-house, seems like a challenge but if executed well should payoff quickly

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

@Jennifer FernézHouse Hacking a primary residence is the best way to generate wealth for the typical American.

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.

I could be wrong, but the only way to make lots of money is to make educated bets and execute them.

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. 

@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.

I just have never heard of this kind of experience and am wondering if others have run into any debacle like this. title company checks normally dont get held I know mine never do.. last year when first american got hacked I had closed a deal and had a nice size proceed wire due and it took 6 or 7 days for FATCO to get the wire out to me..

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.