BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 year ago,
Infinite SFH BRRRR with own money vs. Downpayment on Multi-family?
Hello all.
I was doing some sleuthing on the net and couldn't find an answer to this so thought I would do a post. I think the crux of it is that I have the money to buy a single family house in my city (KC) for cash and do the BRRR method and look for infinite action. But then I'm also wondering if puting 20-30% down an a Multi-family fixer would be better?
I'm not trying to be a mogul, just trying to dial in my retirement situation (I'm a teacher and the pension is looking light at this point and I don't have social security). I'm leaning towards just having a few rental properties by the time I retire, however having the cash to start an infinite BRRRR scheme seems like something I may regret not doing.
Let me know what you think!