BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago,
Why is it recommended to purchase with all cash on your first BRRRR property?
My husband and I have two properties and are looking to buy our third but planning on using the BRRR method for the first time. We are currently reading the book, but can someone help me understand why david recommends using cash to buy your first property instead of taking out a loan? How does this change the amount you refinance for?