Moreover, working with lenders to refinance successfully is crucial to making this strategy work.BRRR isn’t a get-rich-quick scheme, but it’s an excellent long-term strategy for building wealth if executed properly.

There are many reasons why someone sells a note, and it could be for good or bad reasons.

The long-term result will be a healthier insurance market and more manageable premiums.

I think now would be a good time for me to invest because I don't have any debt at the moment, a decent amount of money saved up, good credit score, and I have access to VA loan benefits where I could get a very low down payment.

I've heard turn key companies can range from terrible to good.

Right now, my rates are low 6's for a 5-year prepay, and those terms have kept me very busy, as I currently sit with 31 deals and just under $12 million in my pipeline.If a lender is offering you those rates at a high leverage, the rest of the lenders wouldn't be in business, and the ones offering those rates wouldn't be for long, lol.

.: Good tips.Location, location, location.

Also would love any advice on other way to get experience with the long term goal of building a RE portfolio.

However as long as one understands where the focus needs to be that is critical to the care and feeding of investors.

Not necessarily a far distance away but in neighboring smaller communities.