This method works well if you are purchasing a product that is very uniform.

So just refinancing it would be the simplest method. 

I was planning on doing the BRRR method but I’ve also heard about doing a HELOC.

For your next REI project you can make sure you BRRRR or flip to be able to recoup capital. 

One house a yeah on an FHA and it probably won't be a very good BRRRR but that's really all your going to be able to do. 

At first, I thought SS was what I wanted to focus on rather than other asset types (because of no toilets, less maintenance / capex), but now I'm starting to consider the long distance SFR BRRRR investment strategy. 

Hello everyoneI will lay out my current situation and hopefully get some experts to advice on how to go about things.I bought my primary residence home in June 2021 (new construction home) and building and closing won't be completed until June 2022.I'm looking to finance my first deal (fix and flip or brrrr) using hard money lenders and I've been told by the hard money lenders that they have to pull my credit before giving me a loan.

I have been doing lots of research, but am curious if anyone has tips on an ideal first investment property, whether you are using the BRRRR method, house hacking, etc.

What is the best method to evaluate purchasing multi-family properties in areas that I'm not very familiar with? 

I haven't finished the BRRRR book yet but I feel like this is a great option to BRRRR.