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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 4 years ago, 11/30/2020

Account Closed
  • Investor
  • Austin, TX
7
Votes |
42
Posts

Homestead house is paid off! BRRRR or not to BRRRR?

Account Closed
  • Investor
  • Austin, TX
Posted

So, I'm about a quarter way through the BRRRR book, and I started thinking to myself, "would this strategy work with the house I'm living in, currently?" The house I'm living in is paid off. ARV is $248000. It's the only house I own and I'm new to investing in real estate. I don't have the network that "Mastery Mike" has, nor the experience. Would it be wise to jump in using the BRRRR method or just stick with the traditional method?

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