I am a rookie investor working on building my portfolio and a structural engineer offering consulting on any structural concerns you have for houses you may buy, or if you want to know out a wall to open up some rooms in your next flip. 

If you want to talk VA Investing with multi-family in Wake County reach out and we can set up a time to chat about this.

When interest rates shot up, the market seized.

My challenge is that I am not authorized/signed up with the city to take on CHA checks, so that will take a while to get a tenant.

that will also open up a larger tenant pool.

If you're spending your time counting trivialities like this you are "tripping over dollars to pick up pennies".

Yes, there are a lot of people who spend less than they make and have a surplus.There are others who are inheriting wealth from othersBut there is another subset that we often forget: those who have equity in their homes.Much of the equity has built up due to a runup in home values since 2020, which allows these people to use a HELOC to purchase a home for cash.When rates were low there was a group of people who were using Hard money to purchase and rehab buildings and then refinancing at the end this was the BRRR strategy.Hard Money is not an option these days since the cost of refinancing at the end of the project is too expensive.So when we see people paying cash, it is often pent-up savings and HELOC money that people use, and not as often Hard Money.

It is just the IRS tax rules.Next up is I would get a good CPA and go over your plan.I think you aren't going to be able to meet your goals but being involved in the construction.

Hello Everyone, I'm looking for some advice on how to get started with real estate investing using the BRRRR method with $50,000 to start, particularly in Birmingham, AL.

There will be some holes in the wall where they open it up to let air in and dry it out.