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Updated almost 8 years ago,
BRRR in PA or North East
So I've read a lot about the BRRR strategy. Most of what I see are investors who can buy houses for $30-70k. I live in PA and these prices are unrealistic. Average foreclosure which is a complete rehab from studs out are selling for $125-135k. Does the BRRR only work in lower priced housing areas? Ive been looking to try this in my area for a while now with no success. Does anyone have advice or experience who can chime in?? Thanks.