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Updated about 8 years ago,
1st Deal - Hard Money - Brrrr - Yay or Nay?
So I've been thinking of executing this strategy...buying an REO with hard money and transitioning to the Brrr strategy, refinancing within a year, pay the hard money guy back and hold the property as it is rented.
Has anyone executed this strategy? What are your thoughts as a first deal? (I'm in the South Florida market)
All comments appreciated.