The methods may change as I learn more about REI and begin to get some experience.I look forward to my real estate investing journey, interacting with other fellow BP members on the forums, and meeting and networking with local Houston real estate investors at meetups!

I was a little wary of the BRRRR method so I went straight to the lender and used a good chunk of cash for my 20% down and used some more cash for the rehab which about 5k.

I currently have a seller wanting to sell their home, however I am wanting to utilize the double close method where the end buyer funds the whole deal. 

For a cash-out refi on a multifamily property of more than 5 units, does the bank base the value of the property using the cap rate method?

It appears you don't quite understand how the finances work on the BRRRR method and that's very important to make sure you understand how much money - if any - you're going to get back when you refinance.

Good day all. A friend just got his unit appraised in Bahamas for $282,000. Take away closing costs, he’s left with $245,000 in his pocket. He’s offered it to me for $240,000 and i pay all closing costs, 13% on the $2...

I'm also trying to add the fix and flip method to my tool belt as well, but at the moment I'm currently stuck between a rock and a hard spot.

In Oregon it is my understanding, you have to have a real estate license to trade in real estate owned by someone other than yourself.

It is up to the appraiser to consider this method or not, though it can be requested by the lender.

We were not debt free when purchasing our first home but were able to become free of debt following the BRRRR method.