Will you still complete BRRRR projects?

[Anthony Freeman]

What new change is going to effect this strategy for you the most?

[Jaron Walling]

1. Finding good distressed opportunities. Low supply equals less motivated sellers.

2. Refinancing into higher rates. Conventional is hoovering around 7%, if the FED policy hikes rates it's difficult to cash-flow. 

3. Downward pressure on the ARV can equal more trapped $$$. 

4. Ability to scale a portfolio with (x) amount of capital goes down. 

We have been fighting the above statements since 2018. It's frustrating but these are the cards the market has dealt right now.