Funny enough, one of my take aways from reading Rich dad poor dad, is that I dont have to wear every hat.

Typically a BRRRR is a good deal because it is so trashed it does not qualify for traditional financing.

Banks or traditional lender does not usually lend money to LLC, hard money lender usually does, but for higher closing costs and interest rate.

It started with reading Rich Dad Poor Dad, and then Chad Carson's book on How to Retire Early With Real Estate.

Hi All,I've just caught the bug for wanting to grow my investment portfolio and home buying is top of my list after just finishing Rich Dad Poor Dad.

I always thought the only formula for a career was working full time, saving, and traditional investments.

I also know in this area there is a shortage of apartments to rent, as we've hired 200+ employees who have transitioned to our AZ office from out of state in the last year and they always are complaining at how hard it was to find an apartment.I think I can get the property for 100k, and will do a 20% down traditional. 

:-)My very first response to that would be to buy Rich Dad's Cashflow Board game. https://www.richdad.com/products/cashflow-the-board-gamePlay it with friends until you figure out the best way to get into investment and out of the rat race.

But most traditional lenders dont do. 

If the seller is financing, you could do a balloon in 5 years and at that point you could get a traditional mortgage.