My brother's and I started wholesaling and doing creative financing.

Toll Brothers actually wanted to buy us out.. but they need 800k product and well this site wont quite get there yet.Then Covid hit and well every one was worried myself included and the bank tighten up and would only give me 5 spec loans to start when they normally will give me 12 spec loans when I start  then pre sales don't count against the 12 and that's how you create sale velocity.Fast forward to today and since we started selling in August we have pre sold all but 3 homes  our proforma was run at 525k sales price per home and we are at 608k per home..

Originally I am from the northeast (South Jersey) and found myself drawn to Florida to escape the cold. 

A line of credit against my brothers primary residence.

We used $38,000 from the Home Equity Line of Credit from my brothers primary residence to cover closing costs and help with down payment.

With my own cash, selling my car, taking a loan from my brother or parents, whatever.

When you begin the research the first thing to consider is will that third floor apartment need a fire escape?

Her brother was in charge after the father’s death and could not handle it so he handed over responsibility to her.

Hello,My brother and I are in escrow on a 3b2b that we plan to househack and BRRR.

My brother would occasionally "round up" the mortgage payments back then, but it seems close to correct.Into it for:  ~26 or 27k with fees and minor rehab (including painting the interior, removing carpet, and sanding/staining the hardwood floors underneath)Rent:  $950/moMtg:  $338/mo (4.625%)Taxes: $81/moIns:  $40/moCashflow:  $490/moTo reiterate though, you're correct.