I own several rental properties and looking to get into the BRRR method.

ARV: 290k (She had it appraised 2 years ago may have changed now) Owes: 197k (167 on first mortgage, 30 on second) It is currently set to go to Bank Auction on Tuesday - her attorney has advised her to come to the courthouse and file bankruptcy (which she will withdraw later in the week) to get the proceedings on the house stopped for the moment. 

Let's agree to disagree on the likely hood of narco or government interference on foreign investment, but that aside there are plenty of other risks to be assessed and mitigated ... other than the methods mentioned above, I just don't see how to reliably from afar ...

Ultimately I am trying to gather data on approaches, methods and/or hone in on any patterns.

Hey BP Community,I was curious to see what the opinion is on where you can find the best cash flow opportunities in Philadelphia using the BRRR method.

All of these methods of receiving rent are free.

And I would say that one of the best ways to do this is with the BRRRR method.

My plan is to start with a buy and hold method with small multi family properties.

I love the BRRR method, but want to make sure Any risk I take is highly calculated.

Creating an entity solely owned by the same individual who is the mortgagee of the property in order to bypass FNMA seasoning guidelines sounds pretty shaky in a legal world intent and form are considered over formality and function.Once again- Didn't go to law school, but I wouldn't advise any of my buyers use this method when purchasing a property from me.In addition- I'm not sure the result of doing this would be any different than delayed financing.