Pick a solid B-Class suburban area.

If there is a better approach, I would like to understand what it is.Thanks for your post.

@Steven NguyenThe BRRR method is a solid strategy, but careful planning is key.

In response to your questions:Biggest q i still dont really understand is:- what happens if i refinance before 7yr term or sellAs you'll be the owner, you can refi or sell before the 7 years. 

They also have a good understanding of different lenders' appetites, and thus can save time by filtering out lenders that won't be competitive. 

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.

But tell us your particular situation so that we can understand it better. 

@Ko Kashiwagi My understanding is that one can still execute the BRRRR strategy and successfully cash out, but due to high interest rates, the rent may not cover the mortgage.

@Shyam Sridharan if I understand correctly this is essentially the interior buildout of a new construction retail space?

If not, don’t even think of this.No matter what, consult a qualified lending attorney to understand your legal options and ensure you have proper loan documents in place to protect your investment.