BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 3 years ago,
BRRRR steps. How to proceed once I found a property
Hey everybody! I am currently working on my second investment property, which is going to be my first BRRRR. I am a little stuck on the BRRRR process and hesitant to make a move. Once I find a property I think is a good investment, should I first show my contractor to get some estimates on the rehab? Or should i try and bargain a price first with the seller and then get an estimate on the rehab? Or do I bring it up to my hard money lender first? First time on the BRRRR method so just want to make sure I make it as smooth as possible. Anything helps, thank you!