BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 3 years ago,
Financing an owner-occupied rehab (kind of BRRRR) project
Trying to figure out the best way to finance my project. It's essentially an owner-occupied BRRRR project. I plan to purchase a project SFR (or something close to it), rehab it to force equity, live in it for 12-18 months, and refinance when it makes sense.
Do you have any recommendations for how to finance this project? Ideally, I'd like to be in with as little cash out of pocket as possible. Please share your experience and/or perspectives on this as I begin shaping this project.
Thanks in advance.