BRRR Live In Hard Money

[Steve Francis]

Hello BPers,

I was hoping to get some advice around Live in BRRR strategy or Buy, Rehab, Live, Refinance (BRLR)!

We currently own a twin in the Philadelphia suburbs, Conshohocken. With 3 kids we are out growing the house and could use a backyard. My plan is to find an off market fixer upper property in the Conshohocken/Plymouth Meeting area and utilize hard money to acquire and rehab and then move in and refinance. Then rent out the twin. Any advice or tips would be appreciated. Currently reading David Greene's BRRRR book so I'm sure I'll find some tips there as well.