Does Brrrr makes sense for my first home?

[Lu Cynda]

Hello,

Does it make sense to use BRRRR method if I have a HELOC out on my first home? I'm doing repairs and improvements while living in the home.

I've had some set backs, but my ultimate goal is to get my first home rent ready. Then get it rented out and managed by a property management company. 

Any feedback or suggestions are truly welcomed. Thanks take care. 

[Darius Kellar]

@Lu Cynda

Since there are 2 different types of appraisals, I would first say get an evaluation of the current value of the property and then use that data to make an informed decision.

I would hate for you to fix up the property without a goal idea of the value.