BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago,
Looking to purchase 10 homes in the next 10 years.
Hi everyone, I'm a current agent and interested in purchasing 10 personal homes over the next 10 years. Every year I plan on renting out my previous home and buying a new primary. I am licensed so my commission will go towards my down payment so I will have very little out of pocket ever year. Is this a good way for me to accumulate properties or is there a better ROI out there? I have about 75k liquid right now and am currently renting. Thoughts?
Thanks in advance.