To me, I really enjoy being able to use both side of my brain: the left to do the deal, the right to design the rehab or design a real estate concept, being creative.  

The IRA should still very much see the benefits of leverage and a higher cash-on-cash return.So, if the deal is 70% debt-financed and the IRA is a 50/50 partner, then 70% of the IRA's 50% cut of income (and deductions) will be considered relative to UDFI.Get with your CPA to dive into the details and understand what recordkeeping and filing requirements your IRA will have.The concept of such a deal works. 

I understand the concept of the BRRR strategy but after I refinance for the higher amount my payment goes up so much that I'm now losing all of my monthly income. 

I understand the concept of the BRRR strategy but after I refinance for the higher amount my payment goes up so much that I'm now losing all of my monthly income. 

So now I’m back at the drawing board, looking for other properties to utilize the BRRRR concept.

As far as a good lender, I have two that I work with often, Eric Mayu at Mayu Capital and Paige Solberg at Lending Concepts.  

I have a background in lending/banking and I'm comfortable with underwriting, terms/concepts, and numbers. 

An overall concept is the same, however - the dog gets zapped when it hits the boundary of the radius.

Sqft was greater than listing showed Upgraded half bath in master to a full bathOpen concept kitchen What was the outcome?

I still think of myself as a newbie though because unimproved land is a lot simpler than homes that need rehab work.You planning to stick around when you graduate?