You have to know, with pretty high certainty, the following:1.Reasonable ARV.2.Reasonable rehab costs3.Projected holding costsWithout that info, no formula matters.

Example:Investing $50k for a 2-3 month rehab & flip project for a profit of 8% ($4k earnings).

Example:Investing $50k for a 2-3 month rehab & flip project for a profit of 8% ($4k earnings).

I ran into a lot of construction problems this year when I tried scaling from 3 - 5 projects to 20-25 projects running at the same time.I have done a lot of flips in over the last sixteen years but I think BRRRR is an easier way to learn construction.On a flip, you have no room for error.  

Driving for dollars is basically free.

This is where having some help comes in because high interest rates and a huge remodel project makes for a lot of risk when your just getting started.

@Nick Ovington Nick, The refi part of the BRRR is intended to get your capital back out of the property in order to do the next project.

I have a lot of on going projects and I am willing to find one to work with long-term. 

I am in need of an experienced contractor/project manager in Milan Michigan.

I found the cost to be to high to make sense especially since we would need a GC to mange it (we directly manage our local construction projects)