We raised $4.5 million in equity and got $4.5 million in fixed rate debt from Freddie Mac at a 5.85% rate.

You may need to leave about $20,000 into the property after refinancing and you may only cash flow about $150 a month, however you can create $40,000 to $50,000 of equity right up front. 

The end product will be great, as others have mentioned perhaps in other threads, Delta has not increased any of the cost, so there is still a huge equity upside.

That is unless you have a JV or other equity partner who is putting up the funds immediately with no lien, title insurance, etc.

Your ability to identify properties and markets where you can generate equity (both imputed and appreciated) while using debt responsibly and knowing when is most appropriate to sell is how you acquire more real estate. 

Hey @Reid Laliberte,That's a heck of a deal and I'm sure you have a good amount of equity in it now.

“…states still have authority to require notice filings and collect state fees.”This means you need to check with each state where your investors reside to ensure compliance.Final Warning: Don’t Cut Corners – Follow the Law!

The avg equity position upon completion is about $150K with avg rent of $2,500 leasing in 3 weeks or less post CO. 

It’s a strategy that allows investors to acquire rental properties with little to no money out of pocket while building equity along the way.If you're considering using the BRRRR method to grow your real estate portfolio, here's everything you need to know about how it works, its benefits, and potential risks.What is the BRRRR Strategy?

The problem with that is it'll be harder for the residents and the vendors to use the rentvine features as fewer people want to log in to a website from a smartphone.Also, it requires a lot of clicks/scrolling/opening new pages/tabs to get to where you want.