I’d probably move there myself if I could get everyone uprooted.If your friend is buying at $100K to get $1,000 in rents, from one of the many large turnkey operators that are selling to AUS citizens, then I’d pass, as they’ve already extracted most of the value from the deal.

I know paying cash upfront allows you to extract that cash on the refi but has anyone done a FinanceRehabRentRefinanceRepeat???

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

Hey @Roman Ladijensky - The chart that @Mike D'Arrigo has provided is meaningful. 

Besides, how likely is it that when you got your HUD statement that you would have been able to extract $150 more in concessions from the seller?

@Brandon Pelfrey It depends on the noise level, but if there is a meaningful noise level, you should be buying at a discount that reflects it.Don't forget that when the time comes, it will also put a dent in resale value.

I'm so very excited to get started (eventually - hopefully soon, money's tight being a recent college grad) but before I do I wanted to not only reach out in an attempt to build some meaningful relationships, but to also seek advice from some well versed real estate investors.

Forge Strong Industry RelationshipsBeyond brokers, other industry relationships can also play a meaningful role in sourcing off-market deals.

Does anyone have advice on a profit first system, or tidbits on how you put systems in place to calculate cash extraction while maintaining growth.