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Updated over 2 years ago,
How do i scale with rental properties without using BRRR at first
So, i am am 22 and im using my VA loan to buy my first property in the next at most 3 months. It is a 7 unit and should be getting me some very nice cash flow right away approximately $1300 on the low end to about $2000 on the high. So, for my question above how should i go about doing this. I want to scale in real estate and not just have one property for the next 4 years. I know that i have to use this property as my primary residence for a year and thats ok. But after securring the property what should i do in order to scale. I would love to use the BRRR strategy but I have fear about not having the capital to fund rehabs myself as well as putting down the down payments for hard money lenders. I know occupying one of the units in my soon to be property will help me save up money quickly but Im curious what you all have to say. Thank you for the help and look forward to conversing with you!!!