When I purchased my first property in 2020, I feared then that COVID would cause a downturn, but I was thinking longterm and got "lucky"Many experienced investors I speak to have the same few regrets 1) I wish I started sooner2) I wish I bought more3) I wish I never sold

I bought a Class A (nice Indy suburban home with excellent schools) in 2013 and it's appreciated (doubled in value from 2013 to 2021) and I'm positive cash flow because of my low interest rate, 3.875%.

They all seem very pleased and some have bought more units on O'ahu and I know others hope to buy more if the opportunity arises.

But, if I would have done a cost seg back in 2015, 2016 - I could have bought a bunch of properties with the tax savings.

I once bought a house that had been on the MLS for over a year.

“Be a shame if sometin happened to dat liddle bank of youz”) forced them to do: Bought T-Bills as “Safe Assets”.

@Albert Hepp the flawed logic your using to state there must be some conspiratorial aspect to commissions because commissions are all but uniformed over 2%.....We can apply that exact flawed logic to Apples at grocery stores and say since apples, at every grocery store are uniformed at a price over $0.10 a piece, it "must be a conspiracy"........Take off the tinfoil hat. 

On utilities, I bought a foreclosure in NJ and found out it was not attached to Town sewer and I actually had to extend the main line up to my property then put the lateral in and abandon an old cesspool.  

I have bought 2 properties this calendar year and this feels like the right next step to further me along. 

Most people are refinancing a BRRR because they are in short term debt (like 12 month hard money used for purchase +rehab financing) or own the property free and clear (they bought all cash) and would get a higher return on equity by leveraging the property and reinvesting the cash out proceeds of the loan to scale the portfolio.