The legal method is to file for an eviction and slog through the time-consuming court process.

Another benefit to purchasing Turnkey would be they in all likelihood would have vetted the tenant and would have methods in place to make sure a higher quality of tenant was delivered.

how can i find someone to lend me money to use the brrr method?

I’m trying to work with a seller who deals in off-market properties, but they only accept cash or an “unrestricted line of credit” for payment.I have about $200k in liquid funds and want to invest it all, but I'm running into challenges with payment methods.

But, it’s worth consulting with a tax professional to assess whether any parts of the expense could still qualify for immediate expensing under safe harbor rules or another method to maximize deductions. 

.🙌  make connections with other Airbnb strategy investors and gain the confidence to BRRR my first property with no previous construction experience 😅🤝  make a great connection with someone who is an expert in BRRR method 

What was your preferred method for sourcing/ screening tenants?

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold? 

Some other measure.... or some combo of the above or any other fair & equitable method appropriate for your situation.As long as it's easy, clear and well-explained in writing - and plainly laid out in the Tenants' leases - it will be fine! 

My thinking is that with a heloc as the downpayment or in this case with a foreclosed property, it would 100% of purchase price, I could refinance using traditional methods and pay myself back.