As we proceed with the implementation, several questions arise regarding an investment property, where we intend to use the husband's name for the mortgage.

To compensate for Texas' higher operating costs, a property in Texas must generate $5,700 ($9,194 - $3,494) more in cash flow annually than a property in Nevada.To compensate for Florida's higher operating costs, a property in Florida must generate $2,123 ($5,617 - $3,494) more in cash flow annually than a property in Nevada.Indirect CostsThere are multiple indirect costs, below are a few.Rent control of any kind: Some states and metro areas have implemented various kinds of rent control.

Even if you have a successful business already he shares how you can implement different things to grow your business...lead gen (both paid and free)..acquisition... dispositions.. and admin.

Keep in mind that these loans have more stringent guidelines and requirements.If you are not living in one of the units or do not meet all the guidelines, a DSCR loan might be the right choice. 

Only buying well below market value or implementing the BRRRR strategy allows you to recoup your capital.  

Those who have learned how to implement this strategy seem to stick with it for a very long time so I would like to get more investors onboard with BRRRR plays.

Its implementation was just postponed .  

I would like to continue learning as much as I can and eventually implement what I learn.

They agency product (Fannie Freddie, FHA) typically has a 2 year operating history requirement in addition to net worth benchmarks, and more stringent reserve requirements.The non agency stuff including local and community banks are also more flexible.Consider joint ventures if you want to take down a bigger deal.

@Patti Robertson  well stated this wholesaling is easy bull crap is very big disservice to the general public.. its an ADVANCED strategy that you need to be quite sharp to implement with any success.certain markets its about impossible to do... .