I listen to the problem solving episodes for the same reasons I read forum posts.

I’ll keep you posted on his response. 

I agree with everything in this post and if it was a month ago I may have agreed with everything in this post (and I gave it an up vote).

Using a HELOC for the down payment on the second home might be an option, but lenders may require you to wait a few months post-closing on the multi-family before approving new loans.The BRRRR-style approach could work if you can renovate and refinance quickly, but make sure the timeline aligns with your lender’s requirements.

Nothing will piss off the inspector faster than missing an inspection.My last piece of advice, in an effort to not make this a book length post, deals with the money.

I have written a blog post that may help you out.

While BRRRR works for scaling, explore turnkey rentals or creative financing in cash flow-heavy markets to accelerate growth.This post does not create a CPA-Client relationship.

Look for books published in the last 2 years as some of the books post 2010 seem to give people unrealistic expectations.

That's a significant discount --- I wonder if they are seeing a decrease in homes posted.

@Derek MartinThank you for responding to my post.