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Updated almost 4 years ago, 01/12/2021
Doing a cash buy with a rehab loan - BRRR strategy advice
Newbie here!
So I’m not at the point yet to potentially buy and renovate with my own cash. I was thinking about purchasing the house with cash and then getting a rehab loan. Afterwards refinance and then pay back the rehab loan.
Is this smart or should I find a hard money lender or try another avenue?
Thank you for any advice you can offer!
Rueben