BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago on . Most recent reply
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Brrrr Rehab with FHA 203k
Quick question for the BP family.
I am a 1st time investor and planning to house hack and the Brrrr strategy to add forced appreciation.
2 questions:
1) how to you calculate rehab cost?
2) with a fha 203k can you use them for cash only deals ?
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@Jaron Walling Thank you Jaron. With the 203kloan, i asked my broker who specialized in that specific loan and he said they could use the loan even if it is a cash deal. Therefore I was confused.