To affirm what the others are saying, you are going to need low interest loans to make the BRRRR strategy work.

I spend a good part of my high school years in Ogden, UT, and am always looking for an opportunity to make my way back for the ski season!

Signing up and reaching out is a great start towards getting deals done correctly and reaching out to seasoned real estate investors.Congratulations, and I wish you all the best.

We followed his lead, even joining a 100% commission, very low support brokerage in exchange for him promising my wife and I that we’d achieve a Keller Williams level support from him, without the painful commission split.

Or maybe any seasoned investor may shed light on these "transactions".I am looking forward to any other's comments on this topic and let us learn from each other.

Your responses definitely has me leaning even more towards selling given the numbers of a heated market and low cash flow.

That would be no money out of pocket and cover the 2 months or so (seasoning period) of home equity loan payments plus a little reserves.

If it's a rather low end neighborhood, I wouldn't put that kind of money into it (although I probably would try to open the kitchen up a bit, that is always a big bonus).

What does one day seasoning mean?

I must put 15% down which takes the loan to low to get a 30 year mortgage.