Charleston SC.. I

@Becca F.  I

Nick GiulioniFAANG to FI Guy

With $400k you could definitely BRRRR those deals (Buy Cash, Rehab, Refinance your cash out of the deal, Rent, Repeat) You'll re-fi out of those properties so you do get to re-use a lot of the same cash over an over again and/or pay back your line of credit/investors, which definitely helps.

Quote from @Becca F.: I have had 2 different tenants in different properties clog up the plumbing.

@Paul F. I

@Bob StevensI think you need to add some parameters.Early in REI journey (1 to 5 years): trying to escape W2 or dabbling.Mid REI journey (5 to 10 years): have enough cash flow for FI, may or may not even hold a W2.Experienced in REI (10 plus years) AND have more cash flow than they know what to do with.

(c) A tax deed which has ripened by prescription pursuant to any provision of this Code section shall convey, when the defendant in fi. fa. is not laboring under any legal disability, a fee simple title to the property described in that deed, and that title shall vest absolutely in the grantee in the deed or in the grantee's heirs or assigns.

Chris Mason The rental income isn't enough to justify a cash out re-fi. 

@Jordan Acostas I'm fairly new to REI and am actively trying to put together some wholesale deals here in Columbia, SC. I