Thus, a 6% pref if the fund took 4 years to wrap up, would basically be 6% + 6% + 6% + 6%, or 24%, or $24,000.

I’m not sure what a basic contract is, @Steve Balinski.

I am also a member/subscriber of Vodessey, Short Sale Prophets Basic, and several others. 

I start with the very basics and go on from there.

Some of the most in-demand upgrades include:✅ Modern, open-concept layouts – Knocking down walls to create larger living spaces✅ High-end but cost-effective finishes – Quartz countertops, LVP flooring, and neutral color palettes✅ Energy-efficient upgrades – Smart thermostats, updated HVAC systems, and LED lighting✅ Curb appeal improvements – Fresh exterior paint, desert-friendly landscaping, and modern front doorsFinal ThoughtsWhile finding a property that offers both appreciation and cash flow is tough, there are still solid BRRRR opportunities in Phoenix if you know where to look.

Please keep in mind I'm still in the "planning" phase of lending so this may be a basic question...

It covers resetting breakers, tightening hinges, unclogging basic drains, replacing smoke alarm batteries, and resetting garbage disposals.

My question is, do we pull all the cash out of it and put that down on a multifamily or do we do a LOC on the property and basically do the BRR method and buy/rehab/refinance and pay the LOC back and just keep repeating those steps? 

She has given me two options, basic/ALTA that costs me $1,350 and Enhanced that is $2,100.

.: Hi All, always interested in these weird, unique opportunities and this one is a property with an unpermitted "incomplete" tiny home basically.