Quote from @Guillermo Perez: Can someone please let me know if this is ok for my first BRRRR.I got a $200k HELOC on my primary residence to help fund my first BRRRR.

I used a private lendor to fund the re-hab (cash) and owner financed the purchase price (minus down payment) I have a bank account linked to Stessa and I see the cash deposit in the transaction tab. 

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

Quote from @Jay Hinrichs: Quote from @Don Konipol: @Jay Hinrichs“this seems like a mini private mutual fund..

If you assign the contract get proof of funds in advance and make sure they are trust worth.

Anyone recently added to Fund IV?  

Together, we negotiated a great price of $20,000, allowing us to allocate more funds toward renovations while ensuring profitability.

-Rehab funds are usually held in escrow, which will require you to request draws. 2.

That's the only real answer to make anything work in a place like Boston.And to answer your question on returns, 4x-20x leverage (including owner occupant loan options) + appreciation is what makes real estate a better investment the index funds and worth the hassle.

Finally on 5/14/2021 (day 348) the refi was closed and funded.