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Updated over 3 years ago on . Most recent reply
Newbie in Kansas City Area
Hi Everyone,
I'm a newbie trying to get started in the Kansas City area. I'm looking to BRRRR as many properties as I can, as quickly as I can, in an effort to build cashflow and get out of my 9-5. I'm closing on a HELOC on my primary residence in the next couple of weeks for $95k. The first bunch of properties that an agent has sent me, after running the numbers, I'm having trouble still getting cash flow after the refi. How do I go about getting cash flow after the refi and also, what advice would you give to me, knowing my goal to build cashflow and get out of my 9-5? Thanks!
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@Drew Wood I agree with what others are saying on here. Kansas City is a good cash flow market. Although there is a shortage of inventory, you should be able to find something that will cash flow. I'm not sure what assumptions you are using in your evaluation but I'd be happy to review them and give you my thoughts.