Use a home equity loan (fixed debt) instead of a HELOC (variable equity) and build an additional unit you can rent out in your own backyard.

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!

I have 40 years experience as a real estate syndicator/sponsor and investor in other syndicators deals.

There are additional things to avoid.My purpose for bringing this to the attention of investors is because there are misguided gurus out there teaching these very techniques.

You Get Experience"When the man with experience meets the man with money, the man with experience leaves with the money, and the man with the money leaves with an experience."

A key lesson is to start small and build steadily—don’t rush into big deals before gaining experience.

In addition to being a lender, I am an investor as well so if you want to give me a call so we can discuss your numbers, I'd love to help you out!

I'm a young agent and investor and in no way saying I've made it and have more experience / knowledge than many of those leaders on here.

@Gary Mano, @Lindsey Lara and @Adam Poffenbarger would love to connect with you three about your experience in Arnold.

In my experience, your level of wealth that you can handle is based on your mindset.