It's just that every time you have to come up with your own FULL deposit (rather than being given it back by your Lender), know that you've shifted away from the BRRRR strategy completely.

Once you have a certain amount of equity and an understanding of the financing options available to you, you can just shift equity from property to property in the form of a down payment.  

Rather most (rightly) lump a lot of it into one year when something is sold or utilize tax strategies that shift the income as far into the future as possible.

Unless you have information that the rest of us don't, I think that conservatively buying detached property that produces reasonable cash flow is the way to go in this market, and short of some fundamental shift in the ecoonomics and desirability of this city, I can't see most buyers looking back in 10 years wishing that they had bought elsewhere.Second, with regards to attached houses (think condos), it's my opinion that current owners are riding a bubble.

(Make sure you upvote his post)And kudos to you for catching the paradigm shift that most investors miss!!

Just in the last month, I've had:A slab leak at one property.A rat chew through a PEX line at another property, flooding the house.A crumbled pipe shutting down drainage at another property, requiring a partial repipe.A bad foundation shift at another property that's going to require shoring up.And finally, my tenant at my only out of town rental called to let me know her neighbors were shooting off guns for New Year's, and she has bullet holes in her wall and roof.

I currently work a swing shift job at a local steel mill which pays really well for the area that I live in (100k+) My wife is a Realtor and it is her first year so been trying to help her grow that business.

While there is definitely a shift from a buyer's market to a seller's, I don't think property values here are overinflated.Those that got caught in the crash were over-leveraged, and the properties' prices were over inflated.Law of supply and demand..In the period before the crash, even your dog could get a mortgage if you talked to the right person....less supply, more demand= increased home prices.

The podcasts are awesome but the webinars are paradigm shifting magic.

@Brendan Campbell,To make the @ work, do the following: Hold down the shift key and type @?