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

User Stats

11
Posts
5
Votes
Rodrigo Cisneros
  • Rental Property Investor
  • Birmingham, AL
5
Votes |
11
Posts

Most Popular Reply

User Stats

701
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531
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Christopher B.
  • Rental Property Investor
  • Knoxville, TN
531
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701
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Christopher B.
  • Rental Property Investor
  • Knoxville, TN
Replied
Originally posted by @Rodrigo Cisneros:

@Christopher B.

Yeah my end goal is buy multi family. I start buying and hold single family but is taking me longer I think.

I guess now my plan is flipping make cash and maybe buy a multi family every couple years

Thank you Chris

Rodrigo, if you BRRRR you can capture nice chunks of equity tax free then 1031 those properties into a larger property. Create consistent active income for yourself via a job, flips, or whatever then increase your savings rate as much as you can by eliminating bad debt and reducing living expenses. Then move towards growing your portfolio.

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