BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago,
1031 into BRRRR (what to be aware of)
I'm going to be selling 1, maybe 2, single family homes that I have some decent equity in and 1031 each. One might net me $75k to use, and the other would be around $65k. I'm looking to do my first BRRRR's as I have good property management who has access to a good contractor.
I know all the rules of a 1031 and have already found a company to do it. What are some lesser known things that I may need to watch out for or be aware of in this process?