BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 4 years ago,
Newbie investor needs guidance on BRRRR
This summer I'll be selling my home and moving into a new construction. The home I'm in is paid in full, so I'll be collecting the full amount of equity; about $225,000. I have a buyer lined up already and my new construction is on par to be done on time. I plan on using that capital to start BRRRR investing to build cash flow. My question is, should I tie up a chunk of my personal capital to pay acquisition/rehab or should I use loans to cover the costs? Thanks for reading :)