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Updated about 1 year ago,

Amir Eghbali's profile image
Amir Eghbali's profile image
Amir Eghbali
  • Member since Dec 30, 2023
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Amir Eghbali's profile image
Amir Eghbali's profile image
Amir Eghbali
  • Member since Dec 30, 2023
Connect
Amir Eghbali
4
Votes |
5
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Looking for some guidance

Amir Eghbali
Posted

Just picked up a property for $170,000. Put about 45,000 into the rehab. I put 25% down about (50k) @ 8.1 interest rate. New ARV is about 265k, property is going to be rented shortly and should cash flow about 900 a month cash flow.

My question is, should I cash out refinance or do a HELOC or line of credit for my next project?

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