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Updated almost 5 years ago,
Remodel or Buy something else
I have recently inherited a house (free and clear), however, the house is over 50 yrs old and will need anywhere from 60-80k to be able to receive max rent. Is it more feasible to just refinance that house and BRRR another house I was looking at as my first rental that would only take around 15k before it could be available?