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Updated over 5 years ago on . Most recent reply
Using the BRRR Strategy Questions
My brother and I are looking to get into the rental investments, we have had many questions about certain aspects of this strategy such as if we refinance how much will we pay on the mortgage, like will it be sustainable with the rent? Also if we are having to do repairs would be able to take a home equity line of credit and using the profits from the refinance pay the interest on that? Also, what are the monthly costs we need to budget for?