style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: inherit; vertical-align: baseline; position: relative; overflow: hidden; height: 360px;">Hey everyone!

To be someone who just raises capital requires securities licenses and a lot of compliance.

I will be the financial backer using my liquidity to secure financing on projects and my partner will be the boots on the ground/operations person.

(Included in my HOA dues)*2 year deal - at the end of 12 months, rent goes to $1,900.   1st month+  $2100 security deposit.  

Last month I purchased 2508 Ashley Rose Terrace in Henderson for $525k and tested a $2,995 rent rate and secured a quality tenant at this higher rent rate.

I'm sure there are a variety, but it seems like the biggest reason why is to have security, or be debt free.

Total house security wired 9.

I don't have a lender yet but just read the "refinance" section of David Greene's book "Buy, Rehab, Rent, Refinance, Repeat" and he suggests getting the lending secured on the front end so that you know what to expect when purchasing as they can make a huge impact on the BRRRR strategy working or not. 

Most sellers would be hesitant to go under contract without knowing in advance how the deal will be purchased and if you already have the money (or loan) secured.

This is done as a way of qualifying the home as security for the loan.