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Updated over 1 year ago,

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6
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2
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Newbie Seeking Advice

Posted

Hello BP, I am looking for some help. 

I own one single family which is my primary residence. The property has a value of approx $300K (neighbour just sold for 300K) mortgage of around $120K. Im thinking of either selling the property and using the money to fund live in flips and build up capital that way. Or use a HELOC to access the equity, rent out current home and then use the HELOC plus some other funds (about 20K) to try and BRRRR. What do we think is best approach? Also, where do people find good BRRRR properties. Everything I find on Zillow is too expensive to make work.

Thanks

Anthony 

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