It seems to be a very successful strategy and one that can result in rapid growth. 

@Lana Lee Lana, that is a main reason my potential partner and I were interested in PA because of the rapid appreciation going on there.

@Aaron Clough we decided we would like to grow rapidly with the BRRRR process and do not have the capital to initially self fund.

Investment Info:Single-family residence fix & flip investment in Grand Rapids.

You can scan and color code your keys.

Thank you all and looking forward to rapidly improving and growing in this environment! 

I am a real estate investor in Rapid City, South Dakota.

Case 2: I want to maximize my yield and build wealth as rapidly as I can, without taking crazy risk: In this case, you can refinance the properties, likely pulling out $100K+, and use that as the down payment on multiple additional properties, or larger multifamily properties in your area.This would increaese the effects of leverage on the portfolio (compounding returns positively in a growing economy and negatively in a recessionary environment), but over time be highly likely to build more wealth, faster, with some added stress and the need to more closely  manage operations in a much larger business that in initial years likely won't produce as much cash flow. 

Investors are always scanning networks, it comes down to whether it's a deal or not. and what area are you in?

While they might look like cash flow kings, the cash flow is often diminished greatly due to repairs and lack of payment by tenants.When you look at areas, the classifications are very similar, with the same A, B, C, and D area class as follows:A – newer growth areasB – older, stable areasC – older, declining, or stable areasD – older, declining, potentially rapidly declining areas