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Updated over 9 years ago,
BRRR - Willing to sacrifice?
My first home I purchased in 2010 as a foreclosure. I renovated and had my roommates move-in with me. A few years later I decided to refi and was able to take a significant amount of equity. My first BRRR without realizing!
I have been looking for property for almost a year now for either multifamily or another BRER. I've been struggling but recently I started to ask myself:
Am I willing to take less margins if it meant doing a BRRR and creating enough sweat equity to get all my capital back?
Anybody with experience?