Ohio BRRRR strategy with single family homes

[Zachary Ray]

Hello BiggerPockets community!,

I am looking to become a new investor, and am desiring to utilize the BRRRR strategy in single family homes in the Ohio area. My question is, does anyone have any advice on the best strategy to get this process started with purchasing houses as low as $20K - $30K? Is it possible to refinance houses that you initially purchase for this cheap? My thoughts are to use hard money to purchase up front, then repair, rent and refinance with a bank and hopefully pull out enough cash to repeat. Any thoughts on this? I appreciate it!

Zac