Birm has very diverse jobs- agriculture, Hospitals, government, Military, Auto, colleges, etc.

@Jeff Faulkner yes and no. of course it’s ideal to pull all of your invested money back out. of course that’s the ideal scenario but i don’t think it defines the strategy. to be honest i’ve done 2 brrrr’s this year and have done very well on them but i did not pull all my money back out. if you really get down to it, there was money that i spent above and beyond what the hard money lender reimbursed and also, i didn’t get back all of the interest at 9.99% that i was paying to the HML.i got a check for 19k at closing. i expected it to be more but am still happy. don’t forget to account for closing costs out of what you get back as that was a 10k hit for me both times. biggest issue for me with brrrr that is actually somewhat out of your control is the dang appraisals. all this talk about rehabbing a property and having the appraisal come in crazy high, yea i haven’t seen that happen.

@Mark Terry @Jason Turgeon I would think that consulting with the town’s building department before agreeing to move forward would be ideal, but I don’t want to put the current owners @risk.  

Ideally getting a copy before you make an offer, but you could make an offer with a neighborhood review contingency to protect your earnest money. 

Knowing more about your goals and ideal management strategy can help direct you towards the right fit.

When you are looking to refinance in a Brrrr deal, are you primarily/ideally looking for a refinance that offers interest only payments for the first bit?

@Dannielle O'BuckleyOut of state would be ideal for class A, or NNN lease for commercial, if you can't go out there.

I'm looking for a recommendation, ideally in WA, to speak with about opening one.Any recommendations? 

FYI I'm planning to use a traditional loan (ideally), rather than pay 100% cash down, as I've seen some companies require. 

Yet another issue: Some companies have told me they will only write an Umbrella Policy if my auto policy is bundled underneath it (my current auto policy is with Allstate).Does anyone out there have suggestions for who to call about an Umbrella Policy that will encompass these three properties?