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Updated over 1 year ago,
To BRRRR or not to BRRRR
I'm 80% completed with my first rental property. I bought it for 12k and will have 14k in rehab expenses with a ARV 55k. I'm renting out the 2 bottom room making $700 and I living in the top bedroom with a loft that I plan to rent out for $450 when I move out. I'm searching for my next property now. Should I use the BRRRR method for similar property or my VA loan for $240,000 in a bigger market? I very new with no mentor. What is safter to you guys?