Understanding the market trends, neighborhoods, and property values will greatly benefit you in making informed decisions.

(Brass, brushed nickel, etc).Love to hear how others are making these decisions.

I’ve faced this dilemma on nearly every deal, and after completing 30+ BRRRRs and 75+ flips, here’s how I now approach the decision:1.My preference is to ALWAYS BRRRR, if the numbers work.

It's not the reality for most and if more beginner investors had the correct mindset they would make better and more informed investment decisions.

Many of our clients have done this and secured much better terms....EricThis spreadsheet decision is based on what you can afford and when you expect interest rates to fall.

Your attorney or CPA should be able to create tax efficient structure for you.To avoid this, keep management and decision-making localized to Alabama, and consult a CPA or attorney to ensure compliance with both states' regulations.This post does not create a CPA-Client relationship.

One of the project neighbors slowed the project by 6 months by appealing the staff decision through design review, planning and zoning and city council.

They're good to have open access to capital/cash/equity to a property ahead of time so you can execute a deal or purchase when the time comes on a split second decision (versus having to apply to a loan at that time which might take 20-45 days to get approved/closed/etc plus by that time you dont know what your future income/credit/assets will be like in order to qualify anyway).The second use is sleep at night factor and having a reserve of capital in the event an emergency event occurs in life.For these two reasons is why I use lines of credit.

Definitely not my most helpful post haha but I am sure you will make a decision that is best for you!

But at least make that an educated decision.