Where Summit Partner Lending Fits:At Summit Partner Lending, we specialize in short-term bridge structures that can be adapted to note-on-note strategies.

For the WNY investors who have successfully executed the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy here, I'm curious about the local experience.Let's discuss the pros and cons specific to our market:Best Part: What's the biggest advantage of the BRRRR method in Buffalo?

Quote from @Tyler Ligan: My name is Tyler Ligan, and I’m from Hudson, Ohio with a strong interest in the BRRRR method.

Once you understand those, you can adapt them to your own market.Just curious, are you leaning toward something more passive like rentals, or do you see yourself getting hands on with rehabs or value-add deals?

Where my roadblock comes is that I have read on this forum a number of times that using a HELOC for a down payment can quickly over lever a person and that is something I don’t want to do.I have thought about DSCR loans, house hacking, BRRR (I love the idea but not so sure the wife would love it with the construction, especially if it is a house hack as well), and a few other methods of acquiring my next property.

They didn't lose their jobs so there was no decrease in rent or vacancies.Since 2015, the average annual appreciation and rent growth rates were 9% and 7%, respectively.Less than 2% vacancy rateWhere did I come up with this method?

But then I discovered the BRRRR method, and it completely changed my trajectory.

There is also a New program that just dropped the down payments for 2-4 unit investment property purchases to a 15% Down Payment making it easier to afford for inventors now.I am also hearing about a lot of "subject to" deals people using Pace Morby's method or cruising on Crex to find deals.  

I feel like I'd like to start looking at more deals in different markets, as I'd like to make a purchase before the end of the year, but I need to feel confident about the following: (a) understand what returns I should be shooting for(b) have a fast 10-min evaluation system to make initial, high-level assessments of the deals(c) have a more in-depth evaluation method if it passes the sniff test. 

We bought our first buy and hold property in the Birmingham, AL area using the BRRRR method.