BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 4 years ago,
Out of State Investing using hard money
Hi everyone, I plan to start investing out of state at some point this year. I was thinking about using hard money to buy distressed properties that I could rehab and then refinance into a traditional loan to pay back the hard money lender. Does anyone have experience doing this? Is there anything I should keep in mind with this strategy?