Real estate for me started out as my main tool to reach Financial Independence (FI) and have the option of quitting my 9-5 in Finance.

-Waco Texas, & San Antonio-Charleston SCI am looking for any more tips, tricks, or suggestions to help us understand the market better so we make great choices. 

@Jill F., I appreciate your voice among those claiming that instant evictions are the way to go.

Pretty much acknowledged that I can do better work but am only one man.Goal #4: Five state participants as freshman at the high school level from club in 2024.I know that this is an investing website but after FI you gotta focus on the stuff you love, aka wrestling.

Installing a security camera is problematic as I do not have any wi-fi of my own in the building. 

GL Timothy and Semper Fi brother!

@Bill F. I

Then subtract $75k for the rehab fi. and I'm left with $327k for the house purchase, not the $450k I put in the calculator...Either way, it looks like it doesn't work.

You've also failed to note that almost all newer investors are using bank money for re-fi's...this means that the ability to re-fi is COMPLETELY dependent upon your personal DTI and credit score...and seasoning...There is a lot more too this, but BRRRR does not happen seamlessly by waiving a magic wand.The converse is that you use private money, and assign debt to multiple properties...so, you have 20 units to the gills with debt and a lender requirement for cash reserves so high that it does not permit you to take cash from rental income...

I'm looking for a re-fi of a property I have in Detroit.