BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 9 months ago,
Need a little help!
I’m looking for a little help on what I should do!
I bought a 2 family back in 2022 I rented out the first side right away and then fixed the other side over the next year. I bought the house for $215,000 and it’s worth about $365,000 now I pull in $3300 and profit $1200 a month! I don’t really have much saved because I’ve been having little problems here and there but it’s an older house so I know things are going to need fixing every now and then. But I would love to buy another one but was just wondering what’s the better way to go about it as if I refinanced or pulled a helco out or if it doesn’t really matter that much on what one I do.