Once you're ready for the next purchase, you will have experience, systems, and the confidence to tackle a bigger project like a BRRRR.

Building confidence, a plan, and understanding your risk tolerance are all keys to success. 

.- Hold for a bit and 1031 into something else but am fairly confident there is not much appreciation to come on this property.

Staggering when you start to scale this.Why so confident interest rates will make a meaningful drop?

I knew that we were going to have a lot of back and forth, and that there would likely be a problem at some point that we would need to solve together.I needed to have confidence that whoever I signed an LOI with wasn’t going to back out at the last minute for a silly reason.

It’s completely normal to feel nervous before pulling the trigger, but doing a solid market analysis will give you more confidence in your decision.

If you ever decide to get back into yourself, once you get a few wins the confidence builds.The strategies I mentioned are what my clients are using for their own deals. 

Hi all,Posted on biggerpockets my first deal back in 2011, this forum gave me the confidence to get it done. 

In another 5-10 years, I'm confident I'll be happy purchasing more real estate.   

@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.