But taking the powerful compound interest effect (which btw doesn’t come with REI) into account, the annual returns are actually much higher.

Not only would you effectively be giving up your right to proceed by way of non-judicial foreclosure, a very messy judicial foreclosure sale might not succeed and even if it did, ability to pass title would thereafter likely be subject to borrower's statutory redemption rights.

If you do the math, since your borrower is paying interest on interest, it raises your effective interest rate by about a point.

https://www.biggerpockets.com/forums/93/topics/1224328-new-l...here is a thread I just did on Oregons new law that takes effect July 1 2025.

Effectively good egg is simply a P.O. box that takes a Commission out of your hard earned/saved money, in return, for purportedly providing due diligence to vet the potential projects and sponsors, on your behalf.

Take the dang carpet out (it's thin - you can use a razor blade to remove it).Best.

Remove caulk depending on condition could take 1/2 hour.

Does anyone know of any other ways to gauge the effectiveness of this plan? 

@Thomas Farrell The BRRRR strategy can be effective with $400K in capital, especially in a market like Augusta, GA, offering affordability and rental demand.

One thing though is that there are requirements coming into effect soon where wholesalers will need to get their license in PA for any properties that they wholesale, so you might want to look into that before it becomes official!