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Updated over 3 years ago,
BRRR/Househack Has anyone tried?
Thinking of doing BRRR for a multi-family as I live in one of the units. I have been cautioned about this idea and wonder what are the possible pitfalls. The idea is as follows:
1. Buy fourplex using hardmoney
2. Rehabbing fourplex
3. Refinancing using FHA loan
4. Renting out and living in one unit
Has anyone tried this method?