To put it simply, I have two goals on a BRRRR.

Marvin There are so many things to consider, the way I will go about it will be by acquiring a debt weapon, home equity line of credit maybe for 20,000 and use that to pay down your principal there are some good youtube videos that will explain how to pay down your mortgage faster and save thousands of dollars in interest, but you need to have at least $500 of cash flow each month for that to work or use that to pay of a car payment faster anything that will increase your debt to income ratio so you can start saving more money each month cut down your monthly bills pay off all credit cards anyway you can i will try to get out of any car payments sell the cars buy a use one before selling the house, rent a room is a big house. obviously like i said lots of things to think about do you have kids so maybe a roommate wont work and your finances with out looking at them is hard to plan but I will try to make that house the investment get created if you have good credit that’s exactly how i started i hustle pay down my principal using the HELOC technique and when my equity become more because of lowering the principal I call my lender and increase my HELOC amount to the point that i was able to buy a house cash using the HELOC my HELOC became my checking account and i was paycheck parking all my income in the heloc is hard to explain what i did in a text but i hope this help you in getting created and into looking at more information before you sell or selling is the best way to go about it.

Also be aware that if your end buyer isn't using all cash or hard money loan it is likely that you will be cut out of the deal entirely.Good Luck

Have someone sign a contract to cut down the lumber and take it, for free, but they can't sue you if you're hurt.

The 8 unit yields this much simply because I put up the equity in another property so as to get away with a 10% down payment.

They might be too busy or just might cut me out of the deal.

Etc....... there are about 10 duplex’s before mine and they are all alike (townhouse kind of styled)....MY duplex starts the next set and there are about 10 of ours as well (side by side styled) across the street and the rest of the neighborhood are alllllllll single family homes that are pretty nice and well maintained.So I recently cut down a pine tree from my front yard that I felt like was just a hassle due to the pines that it dropped leaving a constant mess...I bought a Japanese maple tree to put in place of where the pine was and some small shrubs to fill the middle of the duplex and the sides.....The duplexes I mentioned that were BEFORE me all have small trees alike and all are maintained by some landscaping company and from mines down all pretty much have PINE trees.

And househacking a multi allows you to see if being a landlord is something you are cut out for.

We (my wife and I) have a property in WA state where the assessment has cut out almost all of our cash flow that we had. 

if permits were pulled and final inspections were not done by building dept then no CO was given which renders it an illegal remodel and if and when they do find out, you will need to cut the remodel and have licensed contractors inspect the work along with the building dept