Long story short, the loan you get will be for the ARV of the property based on the repairs you make, so there might not be enough room to BRRRR such a property. 

I love a good buy & hold success story :) That is what it's all about, building that long term passive income.Can you tell a little more about this deal, please?

I would love to hear anyone's success stories on this method since I cant start with a multi family locally and would still like to get in with a low down payment.

I’m not there so I get two completely different stories from each tenant.

So I was sure I wouldn't have any issues, well long story short i first went VA and the VA appraiser Appraised my house at $268,000 saying something about appraisal rules have changed and that's all the house is worth.

I have discovered that investing out of state may be a option I have to consider.I love numbers and seeing how they work as I believe they do tell a story with most things.

@Rhonda Hasley there's definitely lots of folks with your same story down where I invest as a example the house next to one of my rentals. 

Since switching to the UPS box, all property recordings point to that mailing address on public records.So, long story long, today I received a 4" x 6" bright yellow card. 

Thank youWhat is the story of this property?

Hi, folks, long time lurker first time posting :)Long complicated story short (I'll elaborate if anyone wants to hear later in thread), I may need to pay off the loan on a rental property I am selling to exchange.Would there be any issue or disadvantage in doing that?