Was looking to save where possible in this market but the method I proposed is not worth the consequences. looks like 20% down it is!

Quote from @Stuart Udis: ....But I set the goal of acquiring 50 doors in the next 3 years using the BRRRR method and will then be financially free...isn't that a scalable business :)We see the above type comments from not so experienced investors or business owners all the time being posted on BP.  

Best of luck with your journey! 

During my REI investing journey I've done 7 1031’s, then followed each of these up with cost segregation studies.

If you’re patient and methodical, though, cash flow can absolutely become a reliable income stream.Hope that helps!

Hi Everyone, just like clock-work I am back it has now been 8-9 months since my journey started and I am so glad I embarked on this journey. 

I will be start out on my real estate journey soon by working for a company and sourcing deals for them.

If you offer more $ for the property than the all cash offers AND you appear to the seller to be highly qualified in the method you are using for sourcing the payment, at some point your offer will be more appealing than the all cash offers.I don't understand why you would consider a 1031 for another property in two years. 

And then you can use that information to start to develop your own personal due diligence method: Crowdstreet.com, 1031 Crowdfunding, Akr7, Finresi etc.

For example, the valuation method is different, and banks lend on it differently.