I am wanting to start investing in real estate in the Joplin, MO area and I am wanting to use the BRRRR method.

Is it tacky to ask a lender if he has heard of the BRRR method or should definitely tell him that is my plan?

If doing this on a rental property the increase in mortgage might make me negative cash flow due to the rental income not covering the mortgage.... so how can you build wealth or make a profit by using this method of buying houses with equity on your existing properties?

@Shaun R. there are several reasons but one primary factor could be the taxation status of the MGMT Co and any fringe benefits you may be looking to integrate

Paying it off is not an option.I’m trying to See if there’s a mechanism that will still enable the refinance Wilders Lien in existence.Two lenders told me it can be done as long as title is willing to ensure it, And give them first lane position. so far three title companies were not able to suggest a solution.I was hoping someone here he’s aware of a method to my scenario  can be accomplished.I was hoping someone here he’s aware of a method to my Señora can be accomplished

I like to get out a pen, paper, and calculator and do the 4-square method.

I would do a cash-out refi as suggested by @Matthew Crivelli You should check with your local community banks as it sounds like you have a commercial property thus having an LLC is the preferred method of holding the property.

I am trying to buy 5 SFR rentals in the next 12 months, utilizing the infamous BRRR method. 

@Jonathan R McLaughlin thank you!

I use several methods including:1) Examine secretary of state entity records2) Hire Skiptracers