Interest rates may jack back up to their normal levels with a market correction and these current rates will be a thing of a nostalgic past. I

Personally I have stepped away from the BRRRR because I don't have the time to undertake the work of a typical BRRRR that I have bought in the past. I

Thank you very much to everyone who has responded.To be clear though, having had both multi-member and single-member LLCs currently and in my past, I fully understand how to properly operate one.

It would have cost me another $2-$3k to stay in town in a hotel though and being in the Army I can't take that much time off at once without issues at work.As I have stated in the past I am still new to Memphis, only about 2 1/2 years investing out there and I am slowly building my teams, making connections and helping out everyone I can and I still think that unless you are there and know the town by each of the pockets in each zip code it can be risky, even if it's turnkey.   *** I'm not trying to pitch any houses or companies but want to reiterate I do get sales referral fees from some companies in Memphis. 

In the past I have waived the application fee ($75.00 each person) for people that include their credit report with the application and have avoided having to run credit. 

My problem is that my lawyer that I have used in the past is not familiar w/ these types of deals & does not feel comfortable drawing up the paperwork.

I know a good electrician that I have used in the past.  I

Lenders with 203k experience should have good contractors that they have worked with in the past. i found my EXCELLENT contractor on 203kcontractors.com. definitely get quotes from multiple contractors.  4) I asked if there were restrictions on how much $$ could be allocated for rehab, he didn't have a firm answer but implied as long as the appraisal supported the work that I would be okay.the amount you can borrow should be based on what you qualify for and typically 110% of the ARV.5) When I asked if I could also use the down payment assistance of $5000, they stated no.l would double check this.

Anyone have a company they recommend that has treated them well in the past? I

She has 3 investment properties of her own and mangled several others in the past. I