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Updated 21 days ago, 11/25/2024

Frank Thomas's profile image
Frank Thomas's profile image
Frank Thomas
  • Member since Jul 10, 2024
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Frank Thomas's profile image
Frank Thomas's profile image
Frank Thomas
  • Member since Jul 10, 2024
Connect
Frank Thomas
4
Votes |
7
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

First BRRRR in Charleston

Frank Thomas
Posted

Hi Everyone,

I am planning on taking the step on doing my first BRRRR in the Charleston area. I plan on using a HELOC for the down payment and rehab.
I have a team in the area to do the rehab and a trusted realtor. 
I’m wondering how much down payment I should put down on say a 200k house. What are the benefits of putting more than 20% down? 
thanks everyone!!!

Charleston, South Carolina
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