This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

We’re still waiting for next steps on that one re: borrower repayment or foreclosure. what type of returns do they provide to investors?

What type of loan are you speaking of (that I might pursue with a unicorn local bank)?

What type of properties are you looking to acquire, SF, 2-4 MF, or 5+ MF?

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

What type of properties are you looking to acquire, SF, 2-4 MF, or 5+ MF?

Purchase price: $55,000 Cash invested: $25,000 Sale price: $119,000 Bought at around $50kFixed up at around $20kSold at $120k What made you interested in investing in this type of deal?

It would be hard to cash flow on a 600k house that has 3600 in rent regardless of the broader economic situation going on in society. i find that when someone says BRRR doesn't work anymore they end up meaning it doesn't work well for the specific types of real estate that they want to buy.

Do you have any types of properties for rental (SF, 2-4 MF, or 5+ MF)?

Reach out to a loan broker with your exact info and the exact or at least type of property you want to buy and they should have options and opinions.