Use, pay back, use again.However, when it comes to the refinancing step of that property you just purchased there are some pretty important rules when buying with cash or a HELOC/LOC. 

Wanted to bounce this off someone as a first step, please.Rental property has about 6 concrete stairs (carriage walk) going from the street to the sidewalk. 

What are the proper steps to take to get started.

I am personally working with Jeff Wallenius and have seen inventory and work here in Indiana.He is great to work with new investors every step of the way. 

My goal is to do my first BRRRR property this year so this helps when evaluating what steps I need to take. 

There were an endless number of steps I had to complete to bring this deal to fruition including building a local team from across the country, putting in many offers, passing on several bad properties, and getting my financing lined up so I could pounce on this opportunity right when it hit the MLS. 

It's all a challenge, but if you take it one step at a time and just figure out how to have small victories, it will seem like a breeze.

Finding a mortgage broker knowledgeable on 203k FHA loans is going to get the ball rolling for me so it is a huge and crucial step!

I would maybe even take it a step further and offer 8-10%, then if they refer you someone else that'll match their funds at 8-10% you will pay them 2% more on their loan.

Without a basement door everything is up and down steps thru the house .