Step #PhaseStep1DiscoveryTalk to experts and learn (process, tips, design tips)2DiscoveryCreate social media and document story3DiscoveryGeneral research - budget considerations, financing options, permits, regulations, tax considerations4DiscoveryMarket research - competitor analysis, analyze guest reviews, market trends5DiscoveryGather ideas/inspo (blogs, articles, youtube)6DefineCreate brand and vision7DefineCreate guest requirements (e.g. coffee maker, natural light, near activities, etc.) and prioritize must have, nice to have, etc.8DefineSketch idea for look and feel (architecture and design) - map out the floor layout9DefineConsult an architect (is this needed?)

How do new BRRRers with limited cash get to that level with help from teams like yours?

Something that is a new build or recently fully remodeled you can get by with a lower number.

Hi Gabe, If you have a history of receiving rental income on other investment properties then you would be able to use the projected rental income on the new subject property on a full documentation loan. 

Retailers for the most part have had very strong sales and have been opening lots of new stores.

Hey fellow BP'ers,So I've been getting PM's about the new rules and though I would post since there is a common theme: What the heck are the actual rules?

Hello, all. My wife and I have owned 4 STR's since 2017, and downsized to 2 in 2021. My W2 job was going well for the past few years, but recently have been large gaps in steady work. I'm looking to branch out our inv...

New construction loan advice would be great also.

Here's what I was thinking...Can I ask him for a deposit to hold now that will then be used as his security deposit? 

SCR 1-4 units and Town Homes 20% down for an experienced investor, 25% down for new investors.