Hello all,I am in the middle of planning to buy a BRRR property in the coming months.

@Joey AllisonYou could pace yourself and maybe start with a property that has the highest equity and move that property into a disposition phase in your portfolio.

(I can refinance sooner than 6 mo but only for the payoff amount.)Our strategy was to refinance within about 3 months and use the cash out (the difference between what we owe and about 75% LTV) to put into our next property and keep acquiring at a decent pace.

Assuming, which should never assume, I feel she would countered at 127-128, I went in middle of that with wiggle room if need be.    

And the IRS could very well look closely at the entity change to attempt to find the economic advantage you were trying to get (not that you were but hey, it's the IRS and paranoia is their middle name)It would be better to complete the 1031 and then refinance afterward. 

We go back and forth, I offer to meet him in the middle at $1,900/month to just put it to bed and move forward *shame on me*. 

That might put me only slightly, if at all ahead of where I was by purchasing properties at a 1 per year pace.

Last summer I did pay a 125k assignment fee for a  90 lot subdivision here in Oregon that closed on in December.. but that middle man spent 2.5 years on it.. getting it brought into the urban growth boundry and master planning it the whole thing was 159 units of which Lennar bought 69 and I bought the 90.

At that pace, you could turn 1m to 5m in three years, then turn the 5m to 25m by year 6, then 25m to 125m in year 9.

If the house market crashed/corrected in the middle of my first BRRRR would I just have to eat the equity loss and surrender hope for a successful appraisal/refinance?