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Updated over 5 years ago,

Asa Ifill's profile image
Asa Ifill's profile image
Asa Ifill
  • Real Estate Agent
  • from Huntsville, AL
  • Member since Jul 16, 2019
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User Stats

128
Posts
35
Votes
Asa Ifill's profile image
Asa Ifill's profile image
Asa Ifill
  • Real Estate Agent
  • from Huntsville, AL
  • Member since Jul 16, 2019
Connect
Asa Ifill
  • Real Estate Agent
  • Huntsville, AL
35
Votes |
128
Posts
Rehabbing & House Flipping

Can I BRRRR using the HomeStyle Renovation loan?

Asa Ifill
  • Real Estate Agent
  • Huntsville, AL
Posted

Looking to buy a duplex for 50k and rehab using 30k, I would also take another 10k out for emergencies/misc.

In total I would want to get a Homestyle Renovation loan for 90k and put down 5k cash.

I am also a first time home buyer.

All criticism welcomed, I am trying to reach financial freedom by 30...7 years left to master this!

Thanks in advance!

Asa Ifill

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