BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 2 years ago,
How much money should I have for my first rental?
Hey!
I want to buy my first rental this year and I want to start ASAP. The thing is that I don't know how much money I will need, beside of the obvious costs of the rental itself.
Is there money I should have besides the money down loan amount, or not? Also with the BRRRR strategy, how much money would I probably require for say a 150k SFH?
Thanks for your answers!