Cash-Out Refinance: If you refinance the property, you can pull out cash based on the equity, which can be used for down payments on BRRRR properties.Collateral for Loans: The farm can be used as collateral for obtaining loans for other investment properties.BRRRR Investments:Immediate Cash Flow: BRRRR properties will likely generate some positive cash flow right away.Faster Turnover: BRRRR allows you to recycle your capital more quickly, aiding rapid portfolio growth.Initial Investment: $60,000 can potentially fund multiple BRRRR properties, providing diversity and multiple income streams.Farm Investment:Emotional Value: Maintaining the farm within the family has intrinsic value that cannot be quantified.Long-Term Appreciation: The farm's value may appreciate significantly over time, providing a substantial future asset.Monthly Cost: The $400 monthly cost needs to be factored into your budget, as it’s a non-cash-flowing asset in the short term.Decision Points:Emotional vs.

I've had to decline many loan requests because the income production doesn't cover the expenses and there's no way to make the math work.

Take a policy loan against the cash value (5-6% current loan rates) in advance of the auction so cash is on-hand, purchase real estate, execute business plan on home, repay policy loan, and repeat. 

Question: We have two CALIF. condos (PGA West La Quinta & Lake Arrowhead), each earning $30K ann. as STR’s, w/3% loans, our son pays for one condo.

I am a loan officer and I have some great software and calculators for this stuff, so let’s set up a call sometime and we can discuss your options.

Don't worry about rehabbing just save money for when your husband finally understands how much real estate investing means to you.

I've been looking at land investing for a while and am finally saving up money to get started. 

Hi Dolev - have you looked into a DSCR loan?

Quote from @Joshua Lee: I've read about house hacking the BRRRR method, FHA loans, etc..

Who doesn't love Flordia and second home loans rock with only having to put 10% down?