I had some questions for anyone in the area about REI for wholesaling, BRRRR, fix and flips, multifamily, or anything of the sort.

My partner and I looking for a duplex to BRRRR and we are starting to look into direct mail on a few duplex communities since the MLS inventory is so low, but dont know how to draft the letter since it isn't to a live in home owner.  

I’ve been really considering the BRRRR strategy.

I feel like it would limit me from being able to buy the next deal, or find one that we could brrrr, or something.Am I being dumb for struggling with wanting to commit to this deal??

Adding bleach is a common method of disinfecting water, but you don't just dump a gallon of bleach and call it a day.

You have some good momentum with your license and good resources with your family (sounds like you could do flips or brrrr and keep it all in the family).

(Question accidentally posted twice, body of question in other post).

@Steven Marks one reason why people who really try to maximize the BRRRR strategy don't make the initial purchase with a conventional loan is that they are often looking for properties that need a lot of work (and so provide the opportunity to add a lot of value), and banks won't lend on these distressed properties. 

However, if you're looking to do a BRRRR and refi out of that loan, the new lender is going to want to see your loan documents, account statements, mortgage paydown, etc.

This method will likely give you higher cashflow than a traditional rental.