Even if bought below market value, one major capital expense—like a roof or water service line—can erase all perceived equity.

.• 75% LTV — The “industry standard” for BRRRR refinances.This tends to be the sweet spot where:– You recover enough capital to recycle into the next project– Debt service stays manageable– Cashflow remains positive even with today’s higher rate environmentA lot of Triad investors settle here because the rents usually support it.• 80% LTV — Only works when the rehab is tight and the ARV is rock solid.You can pull more cash out, but:– DSCR compresses fast– Cashflow can get thin– Appraisal risk becomes much higherMost investors only go this high on lighter rehabs or when the numbers are extremely predictable.In short:70% = safest,75% = most common,80% = possible but narrow.Always interested to see what other markets are trending, but these are the ranges that consistently work for BRRRR investors here.

Thank you for your service!

>> Newer investors need to get educated in learning the process of marketing, pitching, onboarding and servicing PMLs. 

First off, thanks for your service.

Here in WA, I would need the buyer to sign a Buyer Broker Services Agreement in order to submit an offer and in that offer, make the request for commission to be paid by the seller...or the buyer if they are capable and willing.

Additionally, understanding the needs of your clients and providing exceptional service will help build long-lasting relationships and a stellar reputation in the industry.

The key issue is when the property was considered “placed in service.”

For many, it’s not.That said, an advisor is still better than doing nothing at all—you just don’t want to pay for a service you don’t truly need.

What licenses do you have, or are you providing tenant placement and property management services illegally?