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Updated about 7 years ago, 10/07/2017
BRRRR but AirBnB instead of Rent?
Hi! My husband and I just closed on our first investment property last month, a duplex in High Point, NC. We're currently rehabbing it and hope to have it complete by the end of November. Since we're in an area that gets some decent traveler traffic, we're hoping to AirBnB instead of rent it. However, we'd like to BRRRR and pull our money out at the 6/12 month mark. Has anyone been successful in doing this? I feel like we're entering uncharted territory and I'm trying to prepare our game plan, which is difficult with very little refi info available.
TIA!
Andrea Cole