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Updated about 4 years ago,
Buy, Rehab, Rent, Refinance, Repeat (BRRRR Method).
When doing the BRRRR Method, is it recommended we buy the house cash, or just get 20% plus renovations? My business partner and I are trying to get our first property through private lenders to do this process. Also, when we do the refinancing, do y'all have any recommendations on where to start looking for cash out refinances? We plan to pay off our lender within 6 months but tell the lender they won't see a return for one here. The reason for this is because we want a little extra wiggle room if it takes us a little longer to find that refinance.