I have a lot of personal experience with BRRRR—both from building my own rental portfolio here in Memphis, TN and from helping both local and out-of-state investors successfully scale their portfolios using this strategy.One of the biggest advantages I’ve been able to offer my clients is structuring deals with hard money lenders in a way that allows them to acquire properties with less than $10,000 out of pocket in most cases which results them in massive cash on cash returns!

Funny you mention the whole GP / LP thing - I spoke to someone recently who claimed to have raised $10M+ for a fund and owned over 100 units.

Ultimately it would boil down to your personal risk tolerance.

For me personally with the lessons I have learned - I would build capital before buying anything to hold / flip.

Personally, I’ve been exploring opportunities where growth patterns and infrastructure expansion hint at future value increases.

As a lender that has also personally invested in many properties, I think both sides can get too greedy.

I would recommend talking to many lenders/brokers to see which one has the most experience funding these loan types. 

Are you looking to add more to your company or begin a personal portfolio?  

In 2008 when the stocks went down, I realized my 401k was invested with a person I had never met.

I had to put 20% down and I bought it using personal credit.