BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 4 years ago,
BRRRR or down payment on multi family?
Hello I’m just getting started out and I’m very excited. That said I own a three bedroom two bathroom single-family unit in Michigan. I have quite a handyman background am in currently beginning the remodels to raise the equity. Basics like new floors paint etc. my question to everyone is should I raise the equity and take the money to buy another single family or use the money to make a down payment on a multi family unit?