If your using another source other than your own accounts, that could cause some challenges.You can always buy a house that needs some cosmetic updating and look to refinance out of the FHA loan after a few years.

Will need floors, new hvac, paint and cosmetics. 

The property needs a complete rehab, all interior cosmetics + mechanicals.

Now, these things can be built into higher HOA fees, and if not, you're stuck with special fee assessments.As long term owners of duplexes and triplexes, we're use to factor in routine maintenance expenses, but not much on long term capital expenses, like replacing roofs and furnaces.

Jeffree Star is the 35-year-old onetime Myspace celeb-turned-cosmetics mogul and influential YouTuber.

So this may be a simple question, but I'm struggling to understand how I myself can begin implementing the BRRRR strategy.So assuming I find a fantastic deal, cosmetic upgrades needed and well under market value, and I find a partner or lender who is willing to provide some capital for the deal, how am I supposed to get the property and get the money lender out if I myself am unable to be approved for a bank loan?

It was listed for $170,000, really didn't need any work besides minor cosmetic things I put an offer in for $215,000 with a 20% down conventional, waiving inspections and didn't get it. 

Rehab or smaller cosmetic reno/upgrade? 

Yeah, this property is right by Springfield and out of the few times I've toured it, my agent and I don't see many issues that aren't cosmetic.

@Joe Splitrock not amazing text at all, pretty routine actually.