Would have saved, saved saved that money from roommmates and repeated the process again every year or two. 

We are still in the process of this as the city has been a little difficult to work with.

Then, once you own it, you can look into refinancing without the risk of a lender failing to perform.As for which strategy to choose, think about picking one that fits your situation and has the best chance of success, especially since you're new to investing and live in another country.Vision the follwoings:Option 1: BRRR - This involves a lot of micromanaging and supervision work during the renovation process, including dealing with contractors, permits, and other details.

On this deal, I was representing a moderately experienced buyer whom I have worked with twice previously in a purchase of a relatively new small multi-family building.This is my review of a transaction that did not make it to close, which highlights the process of going through an inspection period with an experienced investor-friendly agent and how that process worked correctly for the buyer.  

Then essentially repeat the process.

This type of financing is not regulated so it's really up to how the private money lender will structure the extensions. 

You definitely want to look into each step of the process of self managing and see what is involved, not just to do it, but to do it right.

Hi @Jatin Shetty,I'm in the process with them right now to buy a STR in Orlando.

Other than that just do it and rely on those in the forums or your inner circle to help guide you through the process. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.