BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 2 years ago,
Property for invesment
Hey guys
I have a question, im doing the BRRRR
I have off property investment in Dallas in really good area. so i know appreciation in 3-5 years will be great for example.
purchase: 325-330K , ARV: 460-480K. rental $2800
I wanted to ask, it is always needed that rent will cover that expanses,, most of the time today it is very hard to get it.
I like DFW market since appreciation there is good and area developing and also i used to live there.
What do you think will be best, flip in this case or do BRRRR and wait for appreciation and keep the property in a good neighborhood.