Here are the key considerations:Pros:Potential for Profit - Through the value add component you can increase profitability on your return, typically you're buying distressed homes with built in equity, rehabbing and increasing your equitable position furthermore. 

Currently have flips, wholesales, buy and holds under our belt.Let’s do this!!

The biggest challenge with any Brrrr project is buying the property at the right price.

I am wanting to expand my portfolio and buy a multifamily rental here in Austin, Nashville or any other market that makes sense to grow with.

As far as REI goes, here's my history: I had one buy and hold with 3 other investors, which we just sold and I was a hard money lender for one flip.

@Vinvi Gucci, a few questions/comments:I would think YOU (and your wife) through your LLC should be getting a loan buy/refinance the house AND transfer the deed solely to your LLC at the same time.

Here goes: I've just purchased my fifth contract-for-deed (CFD) and I'm now on a timeline where I save up and buy a new CFD every three months. 

I want to buy him out at a premium of 1.4mm by seller financing.

You would be buying the home knowing that you must take responsibility for that cost.

You can buy a vacation home with 10% down.