My goals for December 31, 2022 are the purchase first property using the BRRRR method and have ready to rent with positive cash flow by this time.

I believe the originial BRRR method was devised to buy in cash and refi afterwards because of strength of offer, ability to refi before 6 mo after acquisition, and save the extra closing/loan.It depends on how you structure your deal on what loan products you can get. 

Check out the Enemy Method - https://www.biggerpockets.com/...

I live in the Comox Valley but have been investing in both Victoria and Comox Valley for the past 7 years, condo and multi-family, naturally fallen into the BRRRR method, and looking forward to adding more to my portfolio in 2022.Just wanted to start a new forum for anyone who might have questions about real estate opportunities on the island!

This would be my first purchase so using an FHA loan is a possibility but I’m also open to utilizing BRrrr method. 

You'll want to use local facebook groups and the enemy method to find these folks.

But if that rate only applies to the HELOC, then that is a method that can be worked as long as the numbers factors into cashflow-ing on the 2nd property.

Everyone was talking about the BRRRR method.

We've currently been looking to expand into Florida, Tennessee, or South Carolina to diversify a bit as our other rentals we used the BRRRR method for are located in Island Park, Idaho.

But seriously if those methods truly were reaching people that are motivated with off-market  properties.. why the HELL does it take you 5000 mailers calls or texts blasts to FINALLY find ONE "yes"?