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Updated over 1 year ago,

User Stats

33
Posts
12
Votes
Joshua Jones
12
Votes |
33
Posts

Buying from a Wholesaler to BRRRR to LTR

Joshua Jones
Posted

So, I'm new to real estate investing.  I want the best bang for my buck and don't mind researching 100 properties to find 1.

I recently found a wholesaler in my area.  Investwithben.com 

Seems to be wholesale prices.  Fixer uppers in many cases.  

I've found a lender that has access to hard money for 12-24 months at 10-13% that will include rehab costs in the loan, then you 80% Cash Out Refi based on the ARV down the road into a conventional loan.

I've got some good leads on Rehab teams and Property Managers.  


Is this a good plan?  Find good deals, use my own cash/cash value/heloc for down payment, rehab, rent, refinance, repeat?

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