You can also network with other investors already buying there, many are open to sharing referrals and experiences.Once you’re comfortable with your team and data, start small with one deal, treat it as your learning curve, and refine your process for future investments.

In addition, conventional refis are going to have to meet DTI guidelines using a global cash flow...so we're cash flowing your personal income, personal debt, other properties, etc in one Debt-to-Income Ratio.

In some markets, you HAVE to be cash flow positive because of the returns that market provides.

After I established this, I’d like to try and get a cash app refinance on a home that I have inherited.

What happens to your cash flow when you refinance the property you fixed up and take the cash out? 

This would save me thousands in interest + not having to pay the closing fees to refinance in 2031.

He refinanced after twelve months, pulled out enough cash to buy his next place in Worcester, and kept going.

I asked permission and then I gave the appraiser sample comps of what 2BR/1.5 bath houses were selling for in the area (for the ADU backing out the land value) and what 3BR/2.5 houses on 1 to 3 acres were selling for.

Out of state BRRRRs and flips are a really, really bad idea for a new investor.

.)• Refinance into a low-rate, long-term conventional loan once the value and income justify itI’ve done similar structures on rentals where we:Bought with seller financing or private moneyCleaned it up, stabilized it, or increased the rentRefi’d into a 30-year conventional once the appraisal supported itThe key is making sure the deal stands on its own:• Will it cash flow even after the refi?