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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 4 years ago on . Most recent reply

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Logan Overcash
  • Rental Property Investor
  • Mooresville, NC
2
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Strategies for starting out

Logan Overcash
  • Rental Property Investor
  • Mooresville, NC
Posted

Hello everyone!

So I’m really just getting started in real estate investing. I have not purchased my first rental property, being Im still in the learning stage of things. Listening to Podcasts, reading books, etc.

So I'm looking at some of these properties and I see where I might could get started quicker if I choose not to BRRRR my first property if I can manage to save upfront capital and only pay 20%.

Is this a death wish for someone just starting out to only put down 20% and then save for the next one?

The numbers seem to make sense on some of these SFHs and Duplexes if I only pay 20% and still be cash flow positive. As anyone started this way and then moved to more of a BRRRR method?

Thanks everyone!

Most Popular Reply

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Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Boulder, CO
1,151
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1,533
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Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Boulder, CO
Replied

@Logan Overcash Putting 20% is not a death wish at all. If your higher and best use of your time is in your job, then go for it! BRRRR might help you recycle cash and be more effective long-term, but you have to add far more hustle into the equation to make it happen. Buying retail will help you get into the game, learn it and then you can figure out your best scaling strategy from there. PM me with Q's!

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