Make sure that you have an excellent GC lined up who understands the process and is comfortable working with the 203k loan.

Just use Excel to do these..Real estate does better if you can either far exceed the 1% rule (because although it can compound, it doesn't techniquely)...also those that get insanely rich off real estate generally are buying when the economy is in the toilet and time it perfectly (there are other aspects that I'll mention later, before anyone freaks out reading this :). 

Just like any new endeavor you're going to want to go into eyes wide open and learn as much as you can beforehand.Please look up investing in Self Storage on the internet - lots of articles, videos, etc., or PM me.Best of luck to you!

Anyway, I am looking at doing my first BRRRR and have considered two paths to getting the 'B' done with a cash offer:1)  take a HELO out of my existing rental to supplement the cash I have on hand for the full amount of purchase2)  partner with someone to supplement the cash I have on hand for the full amount of purchaseMy concern is, even though I have excellent credit, will using the HELO for the purchase hinder my being able to complete the refi on this BRRRR?

And you do that by exposure to the business by getting in & getting dirty.So get out there and start exploring, get with us if you have any specific questions, and find out which of these you were made for because all of your knowledge, experience, network, passion is going to be a most excellent fit somewhere. 

Personal credit is excellent but the banks keep telling me that I have too many accounts, although I don’t have balances on most of them.

Charlestown is an excellent place to invest in right now.

My market is Lansing, Michigan.I just watched a video on The silent killer that is CapEx and read a blog and the comment section on why 30k homes are bad for long term buy and hold rental strategy.

We have the excellent problem of lots of interested in our soon to be vacant unit.   

I've been watching BP Youtube videos and listening to podcasts for about a year now and I'm just now getting around to connecting on the website.