I average 5M+- borrowed at any one time for these projects.

For someone green, a project like this would be filled with landmines and booby traps.Also, I can show you some properties for sale for $500 that are a bad deal at that price. 

I know I asked a lot in the above but I am super curious and trying to sponge up all the information I can to more accurately project before investing.

@Stone Jin I don't have an immediate project, but I like to line these people up before I end up with a project.

@Blair Colsey If you get to the point where you scale and start doing several projects a year, odds are your hard money lender/private lender will not run your credit to approve every loan once you are established with them.

Happy to share, and one unanticipated outcome from this project is getting to know the RE investing community in Toronto - a group of wonderful and humble folks who support each other through a sometimes challenging, yet gratifying journey!

I was thinking of buying an investment property with 20% down using a conventional loan then using the BRRR method to refinance and move on to my next project.

The only problem with that is its obviously a huge project complete renovation and Im pretty new to investing.

I’m the recent winning bidder on an Auction.com with a bid of $64,800 on a 3bd/1.5/ba in aa A/b township outside Akron. The property will need at least $65k in rehab to reach a conservative  $165k ARV but a possible $...

This was my first time and I really enjoyed my experience and now I am considering a second project - this time a flip - and I am actively looking for an opp.