Purchase price: $119,000 Cash invested: $200,000 This is maybe a new Category: BRRRRSR Buy Renovate, Rent, Refinance, Repeat, Sell, Repeat.

Purchase price: $119,000 Cash invested: $200,000 This is maybe a new Category: BRRRRSR Buy Renovate, Rent, Refinance, Repeat, Sell, Repeat.

Purchase price: $240,000 Cash invested: $30,000 Bought this 3/2/1 in June 2022 as my primary residence.

There are multiple properties that are listed that can be purchased with less than $50K in cash, with assumable mortgages, in the 4-5 bedroom range, for less than $550K. - Look for properties with a large backyard and/or detached garage that would work well with an ADU and learn the ins and outs of the new CO laws that essentially have rezone most of the state to require approval for new ADU construction.- Underwrite the property to breakeven or small positive cash flow as a standalone long-term rental to a single tenant.

Hey Devin, They can definitely be overwhelming, but they’re crucial for making informed decisions in real estate.As a hard money lender, I often focus on a few key metrics when analyzing deals:ROI (Return on Investment): This is fundamental for assessing the overall profitability of a deal.

The best strategy I've seen is some purchase a home for every duty station they are located at. 

They seem to ask for the right information to set up the note in their system.

Considering purchasing a 3 bedroom/ 2 bath condo for STR/ Airbnb in Killington, VT.

While that is good for lenders, since the process can possibly be less than 30 days, while other states could take years. it's a hazard for 2nd lien position holders who could not be informed quickly enough to safeguard their principal before the senior creditor forecloses or don't have the capital available to pay off the 1st lien holder to preserve their loan position and avoid foreclosure. 

Rene, Wow thank you so much for all this information!