BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago,
Chronic over thinker- Thoughts on taking a less than perfect deal to get started?
Like the title mentions, I am a chronic over thinker and know that I could spend the next 2 years learning every possible approach to BRRRR, the details, the risks, etc. I am a pretty resourceful thinker but I cannot help that whenever my brain hears "5 things you MUST know before your first BRRRR deal" I can't help but read the content, research each of those topics, etc. Ultimately, I know I just need to get started and over time my goal can become to improve my strategy with every deal.
I don't want to live on the sidelines lol.
With that being said- Any advice/thoughts on taking a less profitable deal (ie- leaving money in the deal after refinancing to get started)? If so, how can I use my willingness to be less profitable to my advantage?