BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 5 years ago on . Most recent reply
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RE Advice needed for a BRRRR start up
Good Evening Bigger Pockets community,
I am completely new to the real estate game. I have been researching a few different strategies and I have chosen to go with the BRRRR method going forward.Reason being I have a big family and I don't think house hacking is ideal for my situation.
What I am interested to know, is it possible to BRRRR a property you plan on living in instead of renting it out to a tenant? Has anyone done it and if so how did it work out for you.
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Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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@Lawrence M. If you are going to live in your rehab, then why not do a 203K FHA loan and lock in the rate now?