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Updated about 6 years ago on . Most recent reply
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So BRRRs Over Time of Investment
Am I getting this right ? Start with one, work up to 10 , equity in each, collecting rents on the way.
Starting wtih enough of your own cash for one or both units....
So lets say 30K equity after refinance in each property plus rental income say $250 per door x 12 months..... $36K in positive cash flow in rents per year plus appreciation ?
Is this about right ?
So 5 years to get 10 properties x $36K per year in renal income year 10 plus 10 x $30K in equity pluss appeciation of the earlier purchased properties ?