BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago,
BRRRR Financing, Homes Equity or Personal savings
Hey everybody, I am a newbie investor and I have a question. So right now, I am looking to get my first BRRRR deal underway. I am currently living in a Duplex that I have owned for just over a year. My question is should I use the equity in my current property to pay for the down payment and some of the rehab? Or should I use a chunk of my savings? I also have the option of going in with a partner and splitting it. Any feedback would be great.