BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 5 days ago,
BRRRR with ~400k Capital
Hello all,
I am new real estate investor that has yet to purchase his first property. Due to a very high entry level in my home state (Long Island, New York), I have turned to look at out of state markets, particularly Augusta, Georgia.
I understand the BRRRR method is not all that it used to be in the past years, but given that I have a lot of capital to play with, I figured that I would still be able to find ways to make it applicable.
Does anybody have any suggestions/tips for me? Am I wrong to assume this? Are there better strategies for the capital I will have?
Currently, my number one goal is to scale rapidly. Secondly, a would like to produce a good stream of cash flow to help me scale (as I'm assuming most are looking for).
Thank you all in advance!