- You can buy using FHA 203(k) loan which allows you to finance repairs into the purchase mortgage.If you find you like being a landlord, you can BRRRR a property every year.You can also start BRRRing rentals w/o planning to live in them.

What did they say is the plan?

I am now working as an engineer in the Twin Cities, but have plans of moving to Austin, TX with my wife to house-hack and work in the more plentiful tech market over there. 

I would focus on homes with dysfunctional floor plans.

I am also leaning towards GC'ing it myself, so I'm using an architect to draw up plans, and I'm looking for subs.

I own a home which I’m currently living in and planning on making a long-term rental property as well once I move out.

@Joshua Tucker Building real estate on tribal land offers unique tax benefits, but it requires careful planning and collaboration with tribal authorities.

I plan to be here often but have been listening to the bigger pockets podcast for the last year now, and have consistently been saving to make my first investment this year.

I plan to put a $600 utility cap in the lease.

Here is an example with some figures:My LLC total investment = $204,000Partner LLC total investment = $196,000Value of project when complete = $500,000Each LLC value afterwards = $255,000 / $249,000The plan was for me personally to go get the refinance loan because the terms are so much stronger than if I went portfolio with the LLC.Loan total = $300,000 (keeping at 60% or under of value for best terms from the bank)Partner LLC payout = $249,000My LLC payout = $51,000In this scenario, I am struggling to see how to get the remaining equity in the project into my personal name?