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Updated almost 6 years ago,
South Florida BRRR help
Hello guys!
Long time reader, first time poster. I have been looking for rental real estate for a long time, but for several personal reasons did not have the opportunity before. I am ready to proceed and my goal is to acquire my first property in the next following months. My location is south Florida.
I would like to follow the BRRR technique. Therefore, buy a fixer upper, repair it and rent it. I do have enough cash at the time so I would buy the property in cash, repair it and do the refi right away. I was looking to start with a duplex. In terms of money I was thinking buying+repair <= 120k-150k.
I am having trouble finding any deals online. Can anyone please help me, any advice is welcome. I am using several websites like Zillow and realtor. I would also welcome any leads!
Thanks a lot! Looking forward to interact with everyone here more in the future!