While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.

If anyone is looking for their first investment property, don't hesitate to reach out!  

And like everything RE sales related 10 to 15% do 80 to 90% of the deals.. so we know going in that 80% at least of those that buy these courses simply do nothing with it.

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

If they default, you keep deposit and anything they have paid prior to default and simply evict them.

I have some who will simply lend 100% of PP and 100% of Rehab  up to 70-75% of ARV in parts of the midwest and SE - feel free to shoot me a DM and we can discuss! 

Please reach out and I can let you know the terms to hang your license with me. 

The CPAs and EAs I see on BP are exceptional so make sure you reach out to and chat with a few of them too before making a decision. 

I'm not sure if I'm simply over complicating this or not.

I am reaching out for your expertise regarding a situation involving a seller from who I purchased a property subto an FHA loan in March of last year.