It was an effective strategy to keep the project moving forward while maintaining financial liquidity for other investments.

It was an effective strategy to keep the project moving forward while maintaining financial liquidity for other investments.

The Mortgagee may consider that this income is reasonably likely to continue for three years.Calculation of Effective IncomeThe Mortgagee may only use Section 8 Homeownership Voucher subsidies as Effective Income if it is not used as an offset to the monthly Mortgage Payment.

When it comes to rentals it effects the rent pricing and how competitive an area can be.

Now we are getting started in Birmingham AL (my mom's birthplace) and are excited to branch out to select areas in the South over the next few years.I am starting off with flips, but will transition soon to rentals using a BRRR strategy.

For example, tenant selection is crucial to minimize issues down the line, and it's essential to know fair housing and landlord-tenant laws, especially if you’re considering investing in a state like California with stringent regulations.You may want to consider starting with one property and exploring property management services if things get busy.

My suggestion would be to select someone with the most forum posts or most reviews.

I can’t see how to BRRRR effectively with these properties.

I am particularly interested in:Understanding the fundamentals of wholesalingNavigating Texas-specific real estate laws and regulationsBuilding a strong network of cash buyers and motivated sellersLearning effective marketing strategiesAnalyzing and evaluating dealsIf anyone is willing to share their experiences, tips, or resources, I would greatly appreciate it.

The "seller" never transferred title and the in-place loan remained in effect.