Also - there are some other ways to gather funds to purchase more properties.

Who was their funding source?

The idea of raising funds from new investors to get them involved in selling lease option houses to tenants does not pass the sniff test.In a nutshell, this is why lease option is so terrible.

He also focuses on getting investors to use their IRAs, or retirement funds to invest.

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

Could be that the funds that bought the loans are liquidating, or it could be repositioning in preparation for future business.

There's also a major university there, Ken Griffin just moved Citadel hedge fund down there, and the technology entrepreneurial landscape is opening up as well.

-Rehab funds are usually held in escrow, which will require you to request draws. 2.

Quote from @Guillermo Perez: Can someone please let me know if this is ok for my first BRRRR.I got a $200k HELOC on my primary residence to help fund my first BRRRR.

The property account has a Deposit subaccount so I can track/hold refundable funds separately.