All Forum Posts by: Mary Lynn Pruneda

My husband and I are getting ready to do our first BRRR deal in the Central Texas area. Here's my question:  Have any of you paid yourself to GC your BRRR deal?  Have you done this successfully over a period of time? 

The background: My husband is a professional homebuilder and we'd like to have more flexibility (we have several very young children) in his workday.  We just need a little bit of cashflow each month to make it work and we are wondering if anyone else pays themselves to GC their own deals.  It seems like the strategy could work (depending on finding a deal and how the numbers look, of course).  Thinking through the tax implications, how that changes each deals numbers, and how we'd structure those payments has my head spinning.  

Thanks for any and all help!