How did you finance this deal?

Moreover, due to my irregular income, obtaining financing isn't a viable option for me.Considering the above constraints, my plan involves a different strategy tailored to a specific area in Alabama.

Using a property management system (PMS) enables you to bring automation to all major areas of Airbnb rental operation (cleaning coordination, guest communication, digital self-check-in, review requests, pricing, upsells, and finances)The bottom line a busy physician with a fairly high W2  can pass material participation tests (100 hrs AND more than anybody else), claim tax losses from his or her STR business and save 6 figures in taxes without working full-time in real estate. 

You can get financing. 

If you click on the build your team tab you will see the directory of sponsored advisors and if you check out the personal finance section you will see several of us that post regularly.  

@Andrew Stouse Started out close to 30 years ago at age 21 with some shady business partners on two owner financed apartment buildings.

Hi,I am planning to get my first BRRRR project in a month, but I am having a hard time understanding the finance part of BRRRR. 1.

Hard/Private money, creative financing, etc...

I would open it up to traditional bank financing or post here in the CLASSIFIED section 

FHA has up front PMI that gets financed on top of the loan size, so your final loan size will be larger.If you have any questions on how FHA loans work reach out anytime!