All Forum Posts by: Jason Trotter

Hello all,

I'm a new investor looking for my first BRRRR deal. I've found something that I think could work but am struggling to estimate the rehab costs. This property was seriously damaged by a fire, but the bones seem intact.

Has anyone here dealt with rehabbing a property after being damaged by a fire, and if so, what are some major or unexpected costs that you encountered during the rehab? What are some red flags that I should be looking out for? 

Thanks in advance for your help!

Best,

@Brian Eastman

Thank you for the clear, easy to digest information. Good food for thought. 

Best,

Jason Trotter

Hello all, I hope this post finds you well. 

I'm a totally newbie and am currently obsessed with the idea of investing in BRRRR properties.

I have very little liquid cash but have $40k+ in a Roth IRA. Am I able to tap into this capital to purchase my first BRRRR property? I've done a little research on the matter already and am confused by what I have found. Also, I've already obtained a mortgage for my primary residence.

Thanks in advance!