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Updated about 9 years ago on . Most recent reply
![Vincent Crane's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/281781/1701718011-avatar-vincecrane.jpg?twic=v1/output=image/crop=2400x2400@0x0/cover=128x128&v=2)
Do you NEED $50k to do your first BRRR?
If you buy a cheap $60k rental, and put down $15k and put $30k into it (plus closing costs), and then turn it into a rental, and then do a cash out refi, then don't you need to have $50k to get started doing BRRR's in real estate?
- Vincent Crane