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Updated about 8 years ago,
Young Investor trying to break into real estate investing
Hey guys,
I am new to the community and I am on pace to graduate college in the fall of 2017 and I am looking to save up enough money for a downpayment in order to be able to invest in a property. I was thinking about using the Brrrr method for my first investment property. I want to a buy property for around 100,000 and put 20% down. Then refinance to be able to take out the downpayment and then invest in another property. I was wondering if this a good first investment for a young college student or is there any other alternative investment strategies that would be better suited for my situation.