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Updated about 2 years ago on . Most recent reply

Carlos Ventura's profile image
Carlos Ventura's profile image
Carlos Ventura
  • New to Real Estate
  • from Miami, FL
  • Member since Dec 16, 2022
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Carlos Ventura's profile image
Carlos Ventura's profile image
Carlos Ventura
  • New to Real Estate
  • from Miami, FL
  • Member since Dec 16, 2022
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Carlos Ventura
  • New to Real Estate
  • Miami, FL
6
Votes |
11
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Getting Started with First BRRRR

Carlos Ventura
  • New to Real Estate
  • Miami, FL
Posted

Hello everyone, I fairly new to the Real estate investing world, I have not gotten my first investment property yet although I have enough knowledge on how to do it but I am stuck. Can anyone help me with some rules that you think it’s important to follow when doing a Burger property especially your first ever investment property ? 

Miami, Florida
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Eliott Elias's profile image
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Eliott Elias
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  • from Austin, TX
  • Member since Jan 5, 2021
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Eliott Elias's profile image
Eliott Elias's profile image
Eliott Elias
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  • from Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
Replied

Make sure you are buying 70%-repairs. Bank will give you 75% LTV but you want to pack 5% in there for the unexpected, and trust me there will always be unexpecteds.

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