Hello everyone, I have a couple of questions regarding BRRRR. If you use a bank do you have to have 10-20% down? If so don't most banks require that money to already be in your account? Also for the rehab project is t...

Also, whatever route you take, keep in mind: if your investors are completely passive you're offering a security and need to work with a securities attorney.Best!

Do you charge a security deposit, where do you store the funds?

I am interested if anyone else has had luck doing this method of house hacking?

We were expecting to use the security deposit to help cover some of the costs but the property manager never collected one even though the lease required it.

You could even consider this a poll:If a new investor (we’ve done live in flips but just decided to do more as a business) does their 1st deal and they have 20k to spend on marketing - what, in your opinion, is the best method to ramp it up?

Useful in that we can discuss here what is and what is not going on.The health warning at the bottom of the first page contains the following.THE COMPANY IS “TESTING THE WATERS” UNDER REGULATION A UNDER THE SECURITIES ACT OF 1933 FOR OFFERINGS OF OUR BITS THAT HAVE NOT YET BEEN QUALIFIED BY THE SECURITIES AND EXCHANGE COMMISSION (SEC) RELATED TO CERTAIN PROPERTIES.

For the BRRR method, the idea is to buy for cash, rehab, rent, and refinance out. 

What is the security and guarantees?

You will have to do an LP unless they qualify under the securities laws.