This is part of one strategy my wife and have for our investments.

(BRRRR strategy, tons on BP about this).

Example:  Purchase price = $250,00020% Down = $50,000Rehab = $50,000Cash required = $100,000 plus closing costs Mortgage =$200,000 (4.5% APR / 30 years)P & I = $1,013Rental Income = $2,500Expenses (50% rule) = $1,250NOI = $2,500 - $1,250 = $1,250Cash Flow = $1,250 - $1,013 = $237 per monthDo not forget the HELOC paymentIf you do the BRRRR strategy the difference will be in your mortgage payment.  

It ultimately depends on your investment strategy and what your goals are. 

My question is for any strategies that investors in more expensive markets like ours have to obtain financing.  

Thank you in advance for any referrals.Situation - Recently purchased a deal through my LLC with cash expecting to use the BRRRR strategy (not my first rodeo using this).  

One thing I've come to see reading and listening to all this information is you start to drift in many different direction because everyone's strategy is different.

My new strategy is to always have a buyers agent as most real estate agents are lazy as hell.    

This will not work if you are looking to do a BRRRR strategy, since you are basing your purchase on what a bank will refinance (ARV).

I have a duplex that am trying to follow BRRRR strategy but running into this lending rule hurdle for a conventional refi for the long term hold.